Colder US Weather Forecasts Boost Nat-Gas Prices
February Nymex natural gas (NGG25 ) on Wednesday closed up by +0.202 (+5.86%). Feb nat-gas prices rallied sharply Wednesday after updated weather forecasts called for colder US temperatures, which will boost heating demand for nat-gas. Forecaster Maxar Technologies said Wednesday that Jan 18-22 temperatures will run colder than previously expected…