Warmer US Temps Boost Air-Conditioning Usage and Nat-Gas Prices
14/5 15:16
June Nymex natural gas (NGM26 ) on Wednesday closed up +0.021 (+0.74%). Nat-gas prices settled higher on Wednesday on forecasts of above-normal US weather, which could spark nat-gas demand from electricity providers to power increased air-conditioning use. The Commodity Weather Group said Wednesday that forecasts shifted warmer, with above-average temperatures......