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Rich Asplund

Nat-Gas Prices Rise as US Weather Forecasts Cool

United States Commodity Weather Group Nymex Natural Gas BNEF EIA

May Nymex natural gas (NGK26) on Thursday closed up +0.037 (+1.42%).

Nat-gas prices settled higher on Thursday as a mixed US weather forecast sparked short-covering in nat-gas futures. The Commodity Weather Group said that forecasts shifted cooler across the eastern two-thirds of the US through April 20, but above-average temperatures are expected in the eastern US and the Upper Midwest from April 21-25.

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