Nat-Gas Prices Slip on the Outlook for Cooler US Temperatures

July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week low. Forecasts of cooler US weather, which will reduce demand for air conditioning, are weighing on nat-gas prices. Forecaster Vaisala said cooler-than-normal temperatures are forecast across the...Gas flame with blue reflection on dark backdrop by Bellanatella via iStock