
February Nymex natural gas (NGG25) on Thursday closed up by +0.027 (+0.74%).
Feb nat-gas prices Thursday recovered from early losses and settled moderately higher as forecasts for the first half of this month continue to call for below-normal temperatures across most of the US, boosting heating demand for nat-gas. Forecaster Maxar Technologies said Thursday that the latest January 12-16 forecast has shifted notably colder across the US compared with the previous outlook. Thursday's surge in European nat-gas prices to a 14-month high also provided carryover support to US nat-gas prices.