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Rich Asplund

Nat-Gas Prices Retreat on Warmer US Weather Forecasts

United States Gas Prices EIA Nymex Vaisala BNEF Natural Gas

December Nymex natural gas (NGZ25) on Tuesday closed down by -0.125 (-2.75%).

Dec nat-gas prices retreated on Tuesday amid warmer US weather forecasts for early next month, potentially reducing nat-gas heating demand. Forecaster Vaisala said Tuesday that forecasts shifted warmer across the US for December 5-9. Also, the liquidation of December nat-gas futures contracts weighed on prices, as the contracts expire on Tuesday.

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