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Barchart
Rich Asplund

Nat-Gas Prices Pressured by Warm US Autumn Temps

United States NatGasWeather Nymex BNEF EIA Natural Gas

December Nymex natural gas (NGZ24) on Wednesday closed slightly lower by -0.014 (-0.49%)

Dec nat-gas prices on Wednesday extended this week's decline to a 1-week low.  Nat-gas prices have plunged this week on warmer-than-normal weather forecasts for the US, which would reduce heating demand for nat-gas.  NatGasWeather on Wednesday said that the southern two-thirds of the US will be in temperatures above normal for November 6-13.

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