Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

DARK SECRETS: Forecasts for warmer us temps boost nat gas prices | Vintage Vibes

Sep Nymex natural gas (NGU24) on Wednesday closed up by +0.102 (+5.07%).

Sep nat-gas prices Wednesday added to Tuesday's advance and closed sharply higher on forecasts for hotter US temperatures.  On Wednesday, forecaster Atmospheric G2 said late-summer heat will spread over the middle of the US from Aug 12-16, which should boost nat-gas demand from electricity providers to power increased air conditioning usage.  Nat-gas prices also garnered carryover support Wednesday from a rally in European nat-gas prices to a 19-month high.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.