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Barchart
Barchart
Rich Asplund

BIZARRE: Nat gas prices rally on cooler us weather forecasts - What They Never Told You

November Nymex natural gas (NGX25) on Monday closed up +4.18%, regaining most of the losses seen later last week.

Nov nat-gas prices rallied on Monday as US weather forecasts turned cooler, which would boost heating demand in the northern parts of the country.  Atmospheric G2 said that forecasts shifted cooler for much of the central and eastern US for Nov 1-5, and also cooler for the East for Nov 6-10.

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