July Nymex natural gas (NGN25) on Monday closed down by -0.149 (-3.87%).
July nat-gas prices on Monday extended last Friday's large losses on the outlook for extreme heat across the US to moderate, potentially reducing nat-gas demand from electricity providers to run air conditioning. Forecaster Vaisala said heat is expected to be more moderate across the eastern half of the US from June 28 to July 2, with forecasts shifting slightly cooler in the Midwest, South, and East.
