Outlook for Warmer US Temps Boosts Nat-Gas Prices
Bullish
75.0
June Nymex natural gas (NGM25) on Friday closed up by +0.203 (+5.65%). June nat-gas prices on Friday rallied to a 4-week high and settled sharply higher on the outlook for above-normal US temperatures to boost electricity demand for air conditioning. On Friday, forecaster Xweather said temperatures will be above normal...
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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.
