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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Supported by Colder US Weather

United States Commodity Weather Group BNEF EIA Natural Gas

March Nymex natural gas (NGH25) on Tuesday closed up by +0.075 (+2.18%).

Mar nat-gas prices Tuesday climbed to a 2-1/2 week high and settled moderately higher.  Nat-gas prices rallied on expectations for colder US temperatures that would boost heating demand for nat-gas.  The Commodity Weather Group said Tuesday that forecasts for most of the continental US shifted colder for February 16-20.  

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