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Rich Asplund

DARK SECRETS: Cooler us weather forecasts lift nat gas prices - The Real Truth

United States April Nymex Commodity Weather Group Natural Gas BNEF EIA

April Nymex natural gas (NGJ26) on Friday closed up +0.095 (+3.20%).

Nat-gas prices settled sharply higher on Friday after US weather forecasts cooled, potentially boosting nat-gas heating demand.  On Friday, the Commodity Weather Group said forecasts shifted colder, though above-average temperatures are still expected to cover most of the US through the end of March.  Also, Friday's expiration of the April Nymex natural gas contract spurred short-covering and lifted prices.

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