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Rich Asplund

Nat-Gas Prices Slip as US Weather Forecasts Moderate

United States Atmospheric G2 Nymex Electricity BNEF EIA Natural Gas

July Nymex natural gas (NGN25) on Wednesday closed down by -0.006 (-0.16%).

July nat-gas prices on Wednesday posted modest losses as temperature forecasts moderated across the central and eastern US, which could curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Atmospheric G2 stated on Wednesday that forecasts shifted cooler across the southern half of the US, with a large portion of the central and eastern US expected to be cooler than normal for June 9-13.

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