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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rally on the Outlook for Colder US Temps

United States Atmospheric G2 Nymex EIA BNEF Natural Gas

February Nymex natural gas (NGG25) on Wednesday closed up sharply by +0.204 (+5.43%).

Feb nat-gas prices Wednesday recovered from a 1-1/2 week low and rallied sharply as updated weather forecasts turned much colder for the beginning of next month, which will boost heating demand for nat-gas.  Forecaster Atmospheric G2 said Wednesday that forecasts moved significantly colder in the central and western parts of the US for February 1-5.    

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