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Nat-Gas Prices Rise on Expectations of Hot US Temps to Boost Air-Conditioning

Natural gas futures gained as forecasts for hot US temperatures pointed to stronger air-conditioning demand and higher gas-fired power generation. Elevated cooling loads historically compress storage builds and reprice near-month contracts higher. Traders are watching weather forecast revisions as the primary near-term

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Tag

us-weather

Nat-Gas Prices Rise on Expectations of Hot US Temps to Boost Air-Conditioning

Natural gas futures gained as forecasts for hot US temperatures pointed to stronger air-conditioning demand and higher gas-fired power generation. Elevated cooling loads historically compress storage builds and reprice near-month contracts higher. Traders are watching weather forecast revisions as the primary near-term

2mo ago · 1 min · Markets

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