Reply To: Into The Vortex – Natural Gas Outlook as Europe Moves on Global LNG Supplies

#36233
TradersCom
Keymaster

June Nymex natural gas (NGM22) on Monday closed up +0.231 (+3.19%) to a 1-1/2 week high.

Outlook for colder-than-normal U.S. temperatures pushed #natgas Monday. The National Oceanic and Atmospheric Administration (NOAA) said Monday that below-normal temperatures are forecast for most of the U.S. Northeast and Northwest from May 7-11, which should boost heating demand for nat-gas.