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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Settle Lower on Above-Normal US Temps

April Nymex natural gas (NGJ24) on Monday closed down by -0.044 (-2.65%).

April nat-gas prices Monday tumbled to a contract low and settled moderately lower.  Updated weather forecasts calling for warm early spring US temperatures that will reduce heating demand and keep nat-gas inventories elevated undercut prices Monday.  Maxar Technologies said on Monday that forecasts have trended warmer in the southern half of the US, with above-normal temperatures expected from March 30 to April 3.  

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