Nat-Gas Prices Sink as Cooler US Temps Dampen Nat-Gas Demand

Strong Bearish -100.0

September Nymex natural gas (NGU25 ) on Friday closed down -0.128 (-4.53%). Sep nat-gas prices sank to a 9.5-month nearest-futures low Friday and settled sharply lower on the prospects of cooler US temperatures reducing demand for nat-gas to power air conditioning. On Friday, Forecaster Atmospheric G2 said that forecasts shifted...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.