September Nymex natural gas (NGU23) on Wednesday closed -0.063 (-2.46%).
Nat-gas prices Wednesday extended Tuesday's losses to a 2-1/2 week low on forecasts for cooler U.S. temperatures to reduce nat-gas demand from electricity providers to power air conditioning. Forecaster Atmospheric G2 said starting next week, at least two cold fronts will push southward into the lower 48 U.S. states, ushering in rounds of early-autumn-like air into the Plains, Midwest, Great Lakes, and Northeast.
