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August Nymex natural gas (NGQ24) on Tuesday closed up by +0.030 (+1.39%). Aug nat-gas prices settled moderately higher on Tuesday. Short covering emerged in nat-gas futures Tuesday on carryover support from a +4% rally in European nat-gas prices to a 1-week high. Weather forecasts are mixed for nat-gas, as NatGasWeather said Tuesday that much of the US west, south, and east will see very warm temperatures from July 23-31, but the central states should see seasonal temperatures. On Monday, nat-gas prices sank to a 2-1/4 month low due to forecasts for cooler US temperatures that will reduce dema…

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