Nat-Gas Prices Pressured as Warm Spring Temps Boost US Inventories
23/4 05:08
May Nymex natural gas (NGK25 ) on Tuesday closed down by -0.009 (-0.30%). May nat-gas prices on Tuesday extended their 3-week sell-off to a 5-month nearest-futures low. Warmer-than-normal US spring temperatures have reduced heating demand and bolstered US nat-gas inventories, undercutting nat-gas prices. On Tuesday, the Commodity Weather Group said......