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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Soar on the Outlook for Colder US Temps

December Nymex natural gas (NGZ25) on Friday closed up +0.168 (+4.25%).

Dec nat-gas prices on Friday rallied sharply to a 7-month nearest-futures high on the outlook for colder US temperatures next month, which could potentially boost heating demand for nat-gas.  Forecaster Vaisala said Friday that weather forecasts shifted cooler in the Midwest and East for November 10-14.  

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