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Barchart
Rich Asplund

Tighter Storage Levels and Below-Average US Temps Boost Nat-Gas Prices

United States Gas Prices EIA Natural Gas Nymex BNEF

March Nymex natural gas (NGH26) on Thursday closed up by +0.186 (+4.98%).

March nat-gas prices on Thursday settled higher, but remained below Wednesday's 3-year high due to a larger-than-expected decline in weekly gas storage.  The EIA reported on Thursday that nat-gas inventories for the week ended January 23 fell -242 bcf, a larger draw than expectations of -238 bcf.  

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