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Barchart
Barchart
Rich Asplund

Nat-Gas Prices Under Pressure as US Weather Forecasts Warm

January Nymex natural gas (NGF26) on Monday closed down by -0.101 (-2.46%).

Jan nat-gas prices slid to a 7-week low on Monday and settled sharply lower.  Nat-gas prices have sold off over the past week as US weather forecasts have turned warmer across much of the country, potentially reducing heating demand and prompting heavy liquidation in nat-gas futures.  Forecaster Atmospheric G2 said Monday that forecasts shifted generally warmer across most of the US for December 25-29

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