Nat-Gas Prices Rally on a Larger EIA Storage Draw
Yahoo Finance·2025-11-26 20:19
January Nymex natural gas (NGF26) on Wednesday closed up by +0.077 (+1.72%). Dec nat-gas prices moved higher on Wednesday after weekly nat-gas storage fell more than expected. The EIA reported that nat-gas inventories fell -11 bcf in the week ended November 21, a larger draw than expectations of -9 bcf. Nat-gas prices extended their gains on Wednesday due to colder US weather forecasts, potentially boosting nat-gas heating demand. Forecaster Atmospheric G2 said Wednesday that forecasts shifted colder i ...