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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Slammed by Above-Normal Spring Temps

May Nymex natural gas (NGK25) on Monday closed down by -0.202 (-5.73%).

May nat-gas prices settled sharply lower on Monday due to revised warmer US weather forecasts, which will curb heating demand for nat-gas.  On Monday, the Commodity Weather Group said that forecasts shifted warmer for the eastern half of the US and will remain above normal for Texas for April 19-23.

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