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Rich Asplund

The Outlook for Colder US Temps Lifts Nat-Gas Prices

United States Gas Prices Maxar Technologies Nymex Natural Gas BNEF

December Nymex natural gas (NGZ24) on Monday closed sharply higher by +0.150 (+5.31%)

Dec nat-gas prices Monday rose sharply on the outlook for colder US temperatures toward the end of this month, which will boost heating demand for nat-gas. Forecaster Maxar Technologies said Monday that forecasts shifted generally colder for much of the US for the November 28 to December 2 period.

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