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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rally on Continued Scorching Temps in Texas

Texas Maxar Nymex United States BNEF Natural Gas Southwest

July Nymex natural gas (NGN23) on Wednesday closed up +0.105 (+4.21%) and moved back up towards Tuesday's 1-month high.  

July nat-gas Wednesday rallied on the continued scorching weather in Texas.  Maxar is predicting continued triple-digit temperatures in Texas and that heat could extend to the Southwest, although the 11-15 day forecast is slightly cooler, particularly for the southeast and mid-Atlantic areas.

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