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Barchart
Rich Asplund

Nat-Gas Prices Surge as US Weather Forecasts Turn Colder

United States Commodity Weather Group Nymex EIA BNEF Natural Gas

February Nymex natural gas (NGG26) on Wednesday closed up +0.175 (+5.22%),

Feb nat-gas prices surged on Wednesday and settled sharply higher as longer-term US weather forecasts turned colder, potentially boosting heating demand and sparking short covering in nat-gas futures.   The Commodity Weather Group said Wednesday that a colder weather forecast is predicted for the Midwest and East Coast for January 17-21.  

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