Colder US Weather and Reduced US Output Lifts Nat-Gas Prices

December Nymex natural gas (NGZ26 ) closed up +0.078 (+2.42%) on Tuesday. Dec nat-gas prices added to Monday’s sharp gains on Tuesday and posted a 4-week high on the prospects of colder US temperatures that could boost heating demand for nat-gas. The Commodity Weather Group said Tuesday that forecasts shifted...Jack up drilling rigs off coast by Elliot Day via Pixabay