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Rich Asplund

MYSTERIOUS: Cooler us weather forecasts weigh on nat gas prices - You Need To See This

United States Commodity Weather Group Nymex BNEF Electricity EIA Natural Gas

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 for US weather shifted cooler, with average to below-average temperatures expected across the eastern US from August 22-31.

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