Nat-Gas Prices Rally on Forecasts for Hotter US Weather

July Nymex natural gas (NGN26 ) on Tuesday closed up +0.092 (+2.92%). Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as US weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Tuesday said forecasts shifted...Gas flame with blue reflection on dark backdrop by Bellanatella via iStock