Warmer US Weather Forecasts Knock Nat-Gas Prices Lower
Yahoo Finance·2025-12-02 20:19
January Nymex natural gas (NGF26) on Tuesday closed down by -0.081 (-1.65%). Jan nat-gas prices fell from a 3-year nearest-futures high on Tuesday and settled sharply lower. Long liquidation pressures emerged on Tuesday to knock nat-gas prices lower after updated US weather forecasts turned warmer, potentially reducing nat-gas heating demand. Forecaster Atmospheric G2 on Tuesday said that forecasts shifted warmer in the eastern and southern US for December 12-16. More News from Barchart Nat-gas pric ...