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Barchart
Barchart
Rich Asplund

SHOCKING: Nat gas prices tumble on forecasts for warm us spring temps - You Need To See This

May Nymex natural gas (NGK24) on Monday closed down by -0.079 (-4.46%).

May nat gas prices Monday tumbled to a 3-week nearest-futures low and closed sharply lower.  Forecasts for above-average US spring temperatures that will reduce heating demand for nat-gas are weighing on prices.  On Monday, the Commodity Weather Group said forecasts are trending warmer across much of the southern and eastern US for April 20-24.  

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