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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Plunge on Ample Supplies and Warm US Temps

United States EIA Nymex BNEF Natural Gas

February Nymex natural gas (NGG26) on Wednesday closed down -0.286 (-7.20%),

Feb nat-gas sold off sharply to a 2-month nearest-futures low on Wednesday after weekly storage levels fell less than expected.  The EIA reported Wednesday that nat-gas inventories fell -38 bcf for the week ended December 26, a smaller draw than expectations of -51 bcf.  

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