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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Jump on Forecasts for Below-Normal U.S. Temps

January Nymex natural gas (NGF24) on Friday closed up +0.099 (+4.14%).

Nat-gas prices Friday rallied sharply after forecasts for colder U.S temperatures sparked short-covering in nat-gas futures.  Forecaster Maxar Technologies said a brief round of below-average temperatures will start Dec 20, mainly along the Southeast U.S., which will boost heating demand for nat-gas.

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