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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Retreat on a Milder U.S. Weather Forecast

May Nymex natural gas (NGK23) on Wednesday closed down -0.144 (-6.09%).

May nat-gas prices Wednesday fell sharply as updated weather forecasts signal milder U.S. weather, curbing heating demand for nat-gas.  Forecaster Atmospheric G2 said that while colder-than-normal temperatures are expected across a large portion of the central and eastern U.S. from April 24-28, the temperatures will be milder than initially forecast.

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