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Barchart
Rich Asplund

Nat-Gas Prices Weighed Down by Abundant Inventories and Warm U.S. Temps

United States Nymex BNEF Natural Gas

December Nymex natural gas (NGZ23) on Monday closed down -0.078 (-2.64%).

Nat-gas prices Monday tumbled to a 4-week low and settled moderately lower.  Ample supplies and warm U.S. temperatures are weighing on nat-gas prices.  Domestic U.S. gas inventories totaled 3.833 tcf as of November 10, +5.6% above their five-year average.

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