September Nymex natural gas (NGU25) on Wednesday closed down -0.097 (-3.09%).
Sep nat-gas prices retreated on Wednesday due to a mixed weather forecast and the outlook for weekly nat-gas inventories to increase more than the seasonal average. Forecaster Vaisala said Wednesday that below-normal temperatures are forecast along the East Coast during the August 4-8 period, which will curb nat-gas demand from electricity providers to power air-conditioning usage. However, forecasts shifted warmer for the West and East during the August 9-13 period.
