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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Rebound on Forecasts for Colder US Temps

January Nymex natural gas (NGF25) on Friday closed higher by +0.080 (+2.83%)

Jan nat-gas prices Friday recovered from a 1-week low and closed moderately higher on expectations for Arctic air to move into the lower 48 US states, stoking heating demand for nat-gas.  On Friday, the Commodity Weather Group forecasted below-normal temperatures for the eastern US for the latter half of next week, with a second potential cold front the following week.  

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