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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Post Moderate Gains as US Forecasts Turn Colder

United States NOAA Nymex Donald Trump BNEF EIA Natural Gas

March Nymex natural gas (NGH25) on Friday closed up by +0.082 (+1.97%).

March nat-gas Friday posted moderate gains but remained below Thursday's 2-year high.   The outlook for colder US weather that will boost heating demand for nat-gas underpins prices.  NOAA said Friday that forecasts have shifted colder for the eastern half of the US for February 26-March 2.   The recent cold snap in the US has seen a surge in heating demand for nat-gas and pushed prices to a 2-year high on Thursday.

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