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Rich Asplund

YOU WONT BELIEVE: Nat gas prices tumble on cooler us forecasts - What They Never Told You

United States Maxar Technologies Nymex Electricity BNEF EIA Freeport Natural Gas

June Nymex natural gas (NGM24) on Friday closed down -0.137 (-5.16%).

June nat-gas prices Friday tumbled to a 1-week low and closed sharply lower. Forecasts for cooler US temperatures that will reduce nat-gas demand from electricity providers to power increase air-conditioning usage undercut nat-gas prices Friday. Maxar Technologies said Friday that forecasts shifted cooler for the Northeast from May 29-June 2, with below-normal temperatures for the Midwest and East.

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