Learn more

November Nymex natural gas (NGX24) on Thursday closed up by +0.015 (+0.56%). Nov nat-gas prices Thursday recovered from a 2-1/2 week low and settled moderately higher. Short-covering emerged in nat-gas futures late Thursday morning on forecasts for colder US temperatures that will boost nat-gas demand for heating. Forecaster Atmospheric G2 said Thursday that forecasts have shifted notably colder for the western half of the US for October 15-19. Nat-gas prices on Thursday initially dropped to a 2-1/2 week low after weekly EIA nat-gas inventories rose +82 bcf, a larger build than the expectation…

cuu