Nat-Gas Prices Drop on a Cooler US Weather Outlook

September Nymex natural gas (NGU26 ) on Thursday closed down -0.081 (-2.88%). Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures, potentially reducing nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group said on Thursday that forecasts trended cooler, shifting away from very...Gas flame with blue reflection on dark backdrop by Bellanatella via iStock