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Natural Gas Outlook: Price Continues to Benefit from Warmer Weather, Eyes on $4.00

August 26, 2021

Via: DailyFX
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Natural gas prices once again flirted with the key $4.00 level on Wednesday before retreating. Natural gas futures have roared higher of late as most of America experiences a hotter summer than expected. Parts of Texas and the Southwest continue to experience temperatures of 100+, highlighting the increased demand for natural gas products. The National Oceanic and Atmospheric Administration has also revealed its forecasts that temperatures are expected to remain warmer than normal over the next two weeks.

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