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Barchart
Rich Asplund

Nat-Gas Prices Tumble as US Temps Warm

United States Nymex BNEF EIA Natural Gas

March Nymex natural gas (NGH25) on Thursday closed down by -0.123 (-3.88%).

Mar nat-gas prices Thursday tumbled to an 8-week low and settled sharply lower.  Since posting a 1-year nearest-futures high two weeks ago, nat-gas prices have plummeted due to forecasts for warmer US weather, which curbs heating demand for nat-gas.  Forecaster Maxar Technologies said Thursday that most US forecasts have shifted warmer for February 4-8.  

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