July Nymex natural gas (NGN23) on Tuesday closed up +0.017 (+0.76%).
July nat-gas prices Tuesday posted modest gains on a warmer U.S. weather forecast that would boost nat-gas demand from electricity providers to power increased air conditioning usage. Forecaster Atmospheric G2 said above-normal temperatures are seen across the U.S. southern states, including Texas, from June 15-19. However, gains in nat-gas were limited after the Commodity Weather Group forecast below-normal temperatures for most of the central U.S. in the second half of June.
