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Barchart
Rich Asplund

Nat-Gas Prices Rise on the Outlook for Hotter U.S. Temps Next Month

United States Commodity Weather Group Nymex Electricity Midwest BNEF Natural Gas

September Nymex natural gas (NGU23) on Friday closed +0.043 (+1.66%).

Nat-gas prices Friday posted moderate gains on the outlook for hotter weather in the Midwest next month, which will boost nat-gas demand from electricity providers to power increased air conditioning usage.  The Commodity Weather Group said forecasts show well above-normal temperatures could return to the Midwest by mid-August.  

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