March Nymex natural gas (NGH26) on Tuesday closed down by -0.212 (-6.54%).
March nat-gas prices sank to a 4-month nearest-futures low on Tuesday and settled sharply lower. The outlook for warmer-than-normal US weather, which will curb nat-gas heating demand, is weighing on prices. On Tuesday, the Commodity Weather Group said above-normal temperatures are expected across the eastern half of the US through February 21, while mostly normal seasonal weather is expected across the country through February 28.
