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Barchart
Barchart
Rich Asplund

INSANE: Nat gas prices edge higher on cold us temps | Rare Historical Photos

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.

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