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Barchart
Rich Asplund

Nat-Gas Prices Pressured by Cooler US Weather Forecasts

United States Nymex Electricity BNEF Natural Gas

Sep Nymex natural gas (NGU24) on Friday closed down by -0.022 (-0.99%).

Sep nat-gas prices Friday retreated as forecasts for milder US weather will reduce nat-gas demand from electricity providers to run air conditioning.  EBW AnalyticsGroup said Friday that "milder weather" in the eastern US will curb air conditioning usage and limit power consumption next week.

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