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Barchart
Rich Asplund

Nat-Gas Prices Under Pressure as Above-Normal Winter Temps Continue

United States NOAA Nymex BNEF Natural Gas

April Nymex natural gas (NGJ24) on Friday closed -0.025 (-1.34%).

Nat-gas prices on Friday settled moderately lower.  The outlook for above-average U.S. winter temperatures to persist is weighing on nat-gas prices.  On Friday, NOAA said warm spring weather for the central and eastern U.S. regions will last into the middle of the month, which will curb heating demand for nat-gas and keep supplies elevated.  

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