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Rich Asplund

RARE PHOTOS: Nat gas prices tumble as warm u s temps stifle heating demand | Vintage Vibes

United States Atmospheric G2 Nymex BNEF Natural Gas

December Nymex natural gas (NGZ23) on Tuesday closed down -0.088 (-3.15%).

Nat-gas prices Tuesday extended Monday's losses to a 2-month nearest-futures low and settled sharply lower. Forecasts for warmer U.S. weather that curb heating demand for nat-gas are undercutting prices. Forecaster Atmospheric G2 said Tuesday that most U.S. weather forecasts were shifting warmer from Dec 8-12. Also, ramped-up U.S. nat-gas production is weighing on prices.

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