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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Slip on the Outlook for Cooler US Temperatures

United States Vaisala BNEF Natural Gas EIA

July Nymex natural gas (NGN26) on Tuesday fell -0.007 (-0.22%).

Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week low. Forecasts of cooler US weather, which will reduce demand for air conditioning, are weighing on nat-gas prices. Forecaster Vaisala said cooler-than-normal temperatures are forecast across the Midwest and eastern US for June 14-18.

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