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Barchart
Rich Asplund

Nat-Gas Prices Rebound as European Gas Prices Surge

Europe United States European Union Nymex BNEF Natural Gas

January Nymex natural gas (NGF25) on Tuesday closed higher by +0.094 (+2.92%)

Jan nat-gas prices on Tuesday recovered from early losses and settled moderately higher.  Short covering in nat-gas futures emerged Tuesday to push prices higher after European nat-gas prices surged more than +4% when the European Union said it has no interest in Russian gas, which could tighten European nat-gas supplies further and prompt increased demand for US nat-gas.  

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