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Rich Asplund

Nat-Gas Prices Tumble as Cold Temps in the US Fade

United States April Nymex Maxar Technologies Donald Trump EIA BNEF Natural Gas

April Nymex natural gas (NGJ25) on Wednesday closed down sharply by -0.369 (-8.29%).

April nat-gas on Wednesday tumbled to a 1-week low and settled sharply lower as warm US weather forecasts for the middle of March threaten to curb heating demand for gas.  Forecaster Maxar Technologies said Wednesday that temperatures are expected to be well above normal for the Midwest and the eastern part of the US for March 17-21.  

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