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Barchart
Rich Asplund

Nat-Gas Prices Tumble on the Outlook for Warmer U.S. Temps

United States National Oceanic and Atmospheric Administration NOAA Nymex BNEF Natural Gas

May Nymex natural gas (NGK23) on Monday closed down -0.119 (-5.37%).

May nat-gas prices Monday fell sharply lower on mild weather forecasts for the U.S., which will reduce heating demand for nat-gas.  The National Oceanic and Atmospheric Administration (NOAA) forecasts above-normal temperatures for most of the central and eastern U.S. from April 10-16.

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