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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Remain Weak on US Weather

December Nymex natural gas (NGZ24) on Tuesday closed slightly lower by -0.004 (-0.14%), adding to Monday's plunge of -0.229 (-7.41%).

Dec nat-gas prices on Monday plunged on warmer-than-normal weather forecasts for the US, which would reduce heating demand for nat-gas.  Commodity Weather Group is forecasting warmer-than-normal weather in the eastern US, and cooler-than-normal temps for the western US.

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