November Nymex natural gas (NGX23) on Friday closed -0.108 (-3.23%).
Nat-gas prices on Friday dropped to a 1-week low and closed sharply lower as warmer weather is expected in much of the eastern U.S. while weather in the western U.S. is cooler, cutting nat-gas demand for heating and air conditioning. U.S. temperatures, which will reduce heating demand for nat-gas. Maxar Technologies said the remnants of the West Pacific Typhoon Bolaven will keep temperatures cooler along the West Coast over the next two weeks and warmer in the eastern two-thirds of the U.S.
