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Rich Asplund

Nat-Gas Prices Tumble on Risk-Off Sentiment in Asset Markets

United States Atmospheric G2 Nymex BNEF EIA Natural Gas

May Nymex natural gas (NGK25) on Thursday closed down sharply by -0.259 (-6.79%).

May nat-gas prices on Thursday fell sharply as a selloff in equity prices sparked risk-off sentiment in asset markets.  A mixed weather forecast also weighed on nat-gas prices after forecaster Atmospheric G2 said temperatures for the eastern half of the US shifted cooler, but in the central and western parts of the US, temperatures will be above normal for April 15-19.

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