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Nat-Gas Prices Jump on Scorching Temps in Texas

July Nymex natural gas (NGN23 ) on Friday closed up +0.099 (+3.91%). July nat-gas Friday rallied to a 1-month high on forecasts for hotter U.S. weather, which will boost nat-gas demand from electricity providers for increased air conditioning usage. The Commodity Weather Group said scorching temperatures are expected in Texas,...

Barchart · Jun 16, 2023

Nat-Gas Prices Slide on a Cooler U.S. Weather Outlook

July Nymex natural gas (NGN23 ) on Friday closed down -0.098 (-4.17%). July nat-gas prices Friday closed sharply lower as the U.S. weather outlook shifts cooler, reducing nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said that while Texas will see above-normal temperatures over the next...

Barchart · Jun 9, 2023

Nat-Gas Prices Fall on Cooler U.S. Forecasts and Ample Supplies

July Nymex natural gas (NGN23 ) on Wednesday closed down -0.061 (-2.62%). July nat-gas prices Wednesday gave up early gains and finished moderately lower after updated weather forecasts called for cooler U.S. temperatures, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said above-normal...

Barchart · May 31, 2023

Nat-Gas Prices Push Higher on Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Monday closed up +0.040 (+1.79%). May nat-gas prices Monday morning posted moderate gains on the outlook for colder-than-normal U.S. temperatures that would boost heating demand for nat-gas. The Commodity Weather Group said below-normal temperatures are expected across the eastern half of the U.S....

Barchart · Apr 24, 2023

Nat-Gas Prices Rebound on Forecasts for Below-Normal U.S. Temps

May Nymex natural gas (NGK23 ) on Thursday closed up +0.027 (+1.22%). Nat-gas prices Thursday recovered from early losses and closed moderately higher. Forecasts for colder-than-usual U.S. weather that will boost heating demand for nat-gas sparked short covering late Thursday morning after the Commodity Weather Group said below-normal temperatures are...

Barchart · Apr 20, 2023

Nat-Gas Prices Slide on Above-Normal U.S. Temps

April Nymex natural gas (NGJ23 ) on Tuesday closed down -0.058 (-2.78%). Apr nat-gas this morning extended Monday's losses to a new 5-week low. The main bearish factor is the outlook for mild U.S. weather that would reduce heating demand for nat-gas. The Commodity Weather Group said that above-normal temperatures...

Barchart · Mar 28, 2023