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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Retreat as Warm Winter Weather Expands Throughout the U.S.

United States Nymex BNEF Natural Gas

March Nymex natural gas (NGH24) on Tuesday closed -0.033 (-2.05%).

Nat-gas prices on Tuesday fell to a new 3-1/2 year nearest-futures low and closed moderately lower.  Nat-gas prices fell on the outlook for warm winter temperatures to expand throughout the U.S., curbing heating demand for nat-gas and boosting inventories.  Forecaster Atmospheric G2 said Tuesday that "spring warmth will spread" across the eastern two-thirds of the U.S. from Feb 25-29.  

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