The Outlook for Hot US Temps Pushes Nat-Gas Prices Higher
Yahoo Finance·2025-09-16 19:20
October Nymex natural gas (NGV25) on Tuesday closed up +0.067 (+1.97%). Oct nat-gas prices recovered from a 2-week low on Tuesday and rallied sharply on forecasts for late summer heat in the US that will boost nat-gas demand and limit the buildup of inventories ahead of the critical winter heating season. Forecaster Atmospheric G2 said Tuesday that much hotter-than-normal temperatures are forecast across most of North America for September 21-25, which will boost nat-gas demand from electricity providers ...