April Nymex natural gas (NGJ25) on Monday closed down -0.066 (-1.66%).
April nat-gas prices on Monday fell to a 3-week low and settled moderately lower on the outlook for warm early spring temperatures to reduce heating demand for nat-gas. Commercial forecaster Maxar Technologies said forecasts shifted warmer from the Midwest to the East for March 26-30, with nearly the entire US expected to have above-normal temperatures into early next month. However, nat-gas prices recovered from their worst levels Monday when Atmospheric G2 said forecasts shifted slightly cooler across much of the US for March 29-April 2.
