November Nymex natural gas (NGX25) on Tuesday closed up by +0.077 (+2.27%).
Nov nat-gas prices moved higher for the third consecutive session on Tuesday and posted a 1.5-week high. Forecasts for colder US weather in the eastern two-thirds of the country will boost heating demand for natural gas and are pushing prices higher. Forecaster Atmospheric G2 said Tuesday that forecasts shifted cooler over a large portion of the central and eastern US for October 26-30, and shifted cooler over the eastern two-thirds of the country for October 31 to November 4.
