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Barchart
Rich Asplund

Nat-Gas Prices Rally on Colder Forecast for Early-January

United States Maxar Nymex BNEF Midwest Natural Gas South

February Nymex natural gas (NGG25) on Tuesday closed up +0.158 (+4.72%), stopping just short of Monday's 5-month high.

Feb nat-gas prices rallied on Tuesday due to colder weather forecasts.  Maxar called for colder temps in the Midwest and South for Jan 3-7.  Also, EBW AnalyticsGroup recently said the longer-range weather outlook is for a mid-January cold spell in the southern US that could lead to freeze-offs and nat-gas production disruptions.

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