Natural Gas is trading at $2.87, down 3.17%, as above-normal temperature forecasts weaken heating-demand expectations.
- Forecasts called for above-normal temperatures through late October and early November.
- An October 20 report said futures fell to a more than two-week low as warmer-than-normal weather curbed demand expectations; forecasts remained below the five-year average.
- The move appeared weather- and demand-driven, not company-specific; supplied price context indicates live trading, with no volume figure provided.