Forecasts for Cooler US Temps Hammer Nat-Gas Prices
1/7 03:06
August Nymex natural gas (NGQ25 ) on Monday closed sharply lower by -0.283 (-7.57%). Aug nat-gas prices plunged on Monday on speculation that forecasts for cooler US temperatures will curb nat-gas demand from electricity providers to power air conditioning and allow US nat-gas inventories to keep rebuilding. Forecaster Atmospheric G2......