September Nymex natural gas (NGU26) on Thursday closed up +0.065 (+2.29%).
Nat-gas prices climbed to a 1-month high on Thursday and settled sharply higher on forecasts for hotter US weather, potentially boosting nat-gas demand from electricity providers to power increased air-conditioning use. Record high temperatures are expected across the Southwest through this weekend, and the Commodity Weather Group said on Thursday that above-average temperatures are expected across nearly the entire US from September 1-10.
Ag Market Surge: What's Driving the Buying in Corn, Wheat, and Soybeans to Multi-Year Highs?
Crude Oil Prices Slip on Hopes Strait of Hormuz to Reopen
Nat-Gas Prices Jump on Hot US Temps and Expectations of a Smaller Storage Build
#high #temperatures #across
Nat-gas prices climbed to a 1-month high on Thursday and settled sharply higher on forecasts for hotter US weather, potentially boosting nat-gas demand from electricity providers to power increased air-conditioning use. Record high temperatures are expected across the Southwest through this weekend, and the Commodity Weather Group said on Thursday that above-average temperatures are expected across nearly the entire US from September 1-10.
Ag Market Surge: What's Driving the Buying in Corn, Wheat, and Soybeans to Multi-Year Highs?
Crude Oil Prices Slip on Hopes Strait of Hormuz to Reopen
Nat-Gas Prices Jump on Hot US Temps and Expectations of a Smaller Storage Build
#high #temperatures #across
3 days ago
