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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rebound on Forecasts for Below-Normal U.S. Temps

May Nymex natural gas (NGK23) on Thursday closed up +0.027 (+1.22%).

Nat-gas prices Thursday recovered from early losses and closed moderately higher.  Forecasts for colder-than-usual U.S. weather that will boost heating demand for nat-gas sparked short covering late Thursday morning after the Commodity Weather Group said below-normal temperatures are expected across the central and eastern U.S. from Apr 25-29.  

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