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Rich Asplund

Nat-Gas Prices Jump on Colder US Temps and Outlook for a Large EIA Inventory Draw

EIA United States Maxar Technologies Nymex BNEF Natural Gas

January Nymex natural gas (NGF25) on Wednesday closed sharply higher by +0.215 (+6.80%)

Jan nat-gas prices on Wednesday rallied sharply to a 2-week high after forecasts turned colder for the eastern half of the US for late December, signaling increased heating demand for nat-gas. Forecaster Maxar Technologies said Wednesday that the forecast shifted colder for the eastern half of the US for December 21-25.

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