BIZARRE: Commodity weather group - You Need To See This

Above-Average US Autumn Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Tuesday closed down -0.095 (-3.11%). Nat-gas prices tumbled to a 3-week nearest-futures low on Tuesday and settled sharply lower. Forecasts for above-average US autumn temperatures that could curb nat-gas heating demand are weighing on prices. The Commodity Weather Group said Tuesday that it...

Barchart · Oct 20

Nat-Gas Prices Retreat on Forecasts for Warm US Temps

Nat-gas prices gave up an early advance on Monday, fell to a 2-week low, and settled lower. The outlook for mild US autumn temperatures that could curb nat-gas heating demand is weighing on prices. The Commodity Weather Group forecasts above-normal temperatures for the eastern two-thirds of the US through the...

Barchart · Oct 19

Warm US Autumn Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX26 ) on Friday closed down -0.120 (-3.71%). Nat-gas prices retreated on Friday and fell to a 1.5-week low. Nat-gas prices were pressured by the outlook for mild US autumn temperatures to reduce heating demand for nat-gas. The Commodity Weather Group forecasts above-normal temperatures for the...

Barchart · Oct 16

The Outlook for Stronger Demand Lifts Nat-Gas Prices

October Nymex natural gas (NGV26 ) on Tuesday closed up +0.023 (+0.79%). Nat-gas prices finished higher on Tuesday on the outlook for above-average US temperatures, which should boost nat-gas demand from electricity providers as air conditioning use is expected to increase. The Commodity Weather Group said Tuesday that above-average temperatures...

Barchart · Sep 15

Hotter US Weather Forecasts Boost Nat-Gas Prices

October Nymex natural gas (NGV26 ) on Monday closed up +0.065 (+2.30%). Nat-gas prices settled higher on Monday amid forecasts for hotter US weather, potentially boosting nat-gas demand from electricity providers as air conditioning use rises. The Commodity Weather Group said Monday that forecasts shifted hotter, with above-average temperatures expected...

Barchart · Sep 14

Hot US Weather Forecasts Push Nat-Gas Prices Higher

September Nymex natural gas (NGU26 ) on Friday closed up +0.040 (+1.46%). Nat-gas prices settled higher on Friday as forecasts for hotter US weather could potentially boost nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said on Friday that forecasts shifted to hotter,...

Barchart · Aug 21

Nat-Gas Prices Drop on a Cooler US Weather Outlook

September Nymex natural gas (NGU26 ) on Thursday closed down -0.081 (-2.88%). Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures, potentially reducing nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group said on Thursday that forecasts trended cooler, shifting away from very...

Barchart · Aug 20

Forecasts for Hot US Temperatures Lift Nat-Gas Prices

September Nymex natural gas (NGU26 ) on Tuesday closed up +0.086 (+3.20%). Nat-gas prices settled sharply higher on Tuesday amid forecasts of above-average temperatures in the US South, boosting nat-gas demand from electricity providers to power increased air conditioning use. The Commodity Weather Group said on Tuesday that forecasts shifted...

Barchart · Aug 18

Cooler US Weather Forecasts Weigh on Nat-Gas Prices

September Nymex natural gas (NGU26 ) on Monday closed down -0.043 (-1.57%). Nat-gas prices fell to a 1-week low on Monday and settled lower as US weather forecasts shifted cooler, potentially reducing demand from electricity providers to power air conditioning. The Commodity Weather Group said on Monday that the outlook...

Barchart · Aug 17

Nat-Gas Prices Move Higher on Warm US Forecasts

September Nymex natural gas (NGU26 ) on Friday closed up +0.006 (+0.22%). Nat-gas prices closed higher on Friday as forecasts indicated warm US weather in the final weeks of August, which would boost nat-gas demand from utilities to meet increased air-conditioning demand. Commodity Weather Group is forecasting above-normal temperatures across...

Barchart · Aug 14