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Rich Asplund

Nat-Gas Prices Tumble on Forecasts for Warmer US Temps

United States Maxar Technologies Nymex Donald Trump EIA BNEF Natural Gas

March Nymex natural gas (NGH25) on Wednesday closed down -0.268 (-6.42%).

March nat-gas on Wednesday tumbled to a 1-week low and closed sharply lower on the outlook for warmer US temperatures to reduce heating demand for nat-gas. Forecaster Maxar Technologies said Wednesday that forecasts have shifted warmer for the East Coast and parts of the central US for March 8-12.

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