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Rich Asplund

Nat-Gas Prices Pressured by Mid-October US Warmth

United States Atmospheric G2 Nymex EIA BNEF Natural Gas

November Nymex natural gas (NGX25) on Friday closed down by -0.118 (-3.43%).

Nov nat-gas prices added to Thursday's losses on Friday and settled lower.  Forecasts for warm mid-October US weather, which will curb heating demand for nat-gas are weighing on prices.  Forecaster Atmospheric G2 said Friday that forecasts shifted warmer across the middle of the US for October 8-12, and projections turned hotter across most of the country for October 13-17.

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