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Barchart
Rich Asplund

Outlook for Warmer US Temps Boosts Nat-Gas Prices

United States Maxar Technologies Nymex Electricity BNEF Natural Gas

October Nymex natural gas (NGV24) on Tuesday closed up by +0.062 (+2.86%).

Oct nat-gas prices Tuesday recovered from early losses and moved higher on the outlook for warmer US temperatures, which will boost nat-gas demand from electricity providers to run air conditioning.  Maxar Technologies said Tuesday that the 11-15 day forecast is trending warmer in the eastern third of the US.

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