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Barchart
Rich Asplund

Nat-Gas Prices Rebound as US Weather Forecasts Cool

United States Atmospheric G2 Nymex EIA BNEF Natural Gas

January Nymex natural gas (NGF26) on Wednesday closed up by +0.138 (+3.55%).

Jan nat-gas prices rallied sharply on Wednesday after cooler US weather forecasts sparked short covering in nat-gas futures.  Forecaster Atmospheric G2 said Wednesday that forecasts shifted colder in the East and not as warm in the southern states for December 27-31, potentially boosting nat-gas heating demand.

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