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Barchart
Rich Asplund

Nat-Gas Prices Under Pressure from Warm Spring US Temps

United States Gas Prices Nymex BNEF EIA Freeport Natural Gas

May Nymex natural gas (NGK24) on Wednesday closed down by -0.070 (-3.91%).

May nat gas prices on Wednesday fell to a contract low and settled sharply lower.  Nat-gas prices are under pressure from expectations for above-normal US temperatures to reduce heating demand and boost nat-gas inventories.  EBW AnalyticsGroup on Wednesday said that above-average temperatures are expected in the central and eastern US from April 5-11.  

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