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Barchart
Barchart
Rich Asplund

Stronger US Production Knocks Nat-Gas Prices Lower

United States Nymex BNEF Natural Gas EIA

August Nymex natural gas (NGQ26) on Monday closed down -0.098 (-2.99%).

Nat-gas prices fell to a 1-week low on Monday and settled sharply lower. Ramped-up US nat-gas production is weighing on prices after output in the lower-48 US states rose to nearly 114 bcf/day on Sunday, the most in more than 2.5 months.

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