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Rich Asplund

Nat-Gas Prices Rebound on the Outlook for Cooler US Temps

United States Maxar Technologies Nymex BNEF Natural Gas

November Nymex natural gas (NGX24) on Monday closed up by +0.054 (+2.39%).

Nov nat-gas prices on Monday recovered from a 6-week nearest-futures low and settled moderately higher. Short covering pushed nat-gas prices higher Monday after forecaster Maxar Technologies said forecasts shifted cooler for much of the US from October 26-20, which will boost heating demand for nat-gas.

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