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Rich Asplund

Nat-Gas Prices Slip as US Weather Forecasts Cool

United States Atmospheric G2 BNEF EIA Natural Gas

August Nymex natural gas (NGQ25) on Tuesday closed down by -0.072 (-2.11%).

Aug nat-gas prices on Tuesday moved sharply lower after weather forecasts cooled in the central and eastern US, which will reduce nat-gas demand from energy providers to power air-conditioning usage. Forecaster Atmospheric G2 said Tuesday that forecasts shifted cooler over the middle of the country for July 13-17 and cooler for the eastern half of the US for July 18-22.

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