November Nymex natural gas (NGX25) on Monday closed up +0.061 (+1.90%).
Nov nat-gas prices climbed to a 1-week high on Monday and settled higher as forecasts for above-average US temperatures could lead to increased demand from electricity providers to power ramped-up air conditioning usage. Forecaster Atmospheric G2 said Monday that forecasts shifted warmer across the eastern and southern US for October 4-8, and forecasts shifted warmer over the eastern half of the country for October 9-13.
