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Barchart
Rich Asplund

Nat-Gas Prices Slide as US Weather Forecasts Shift Warmer

United States Nymex BNEF EIA Natural Gas

February Nymex natural gas (NGG25) on Tuesday closed down sharply by -0.192 (-4.86%).

Feb nat-gas prices Tuesday tumbled to a 1-week low as weather forecasts shifted warmer for the eastern and central parts of the US for late January and early February, which will reduce heating demand for nat-gas.  Forecaster Maxar Technologies said Tuesday that forecasts moved warmer for most of the central and eastern US for January 31-February 4.  

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