U.S. natural gas futures tick lower, holding in their recent range as supplies are seen adequate to meet strong power-sector demand from above-normal temperatures across much of the U.S. "Temperatures continue to ramp up across the Midwest and East, with the hottest days of this event still ahead," Andy Huenefeld of Pinebrook Energy Advisors says in a note. The heat is expected to peak Friday and Saturday, before reverting closer to normal for the remainder of the two-week forecast, he adds. Nymex natural gas is off 0.7% at $3.251/mmBtu. (anthony.harrup@wsj.com)
Dow Jones Newswires
U.S. Natural Gas Futures Edge Down in Early Trading — Market Talk
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U.S. natural gas futures tick lower, holding in their recent range as supplies are seen adequate to meet strong power-sector demand from above-normal temperatures across much of the U.S. "Temperatures continue to ramp up across the Midwest and East, with the hottest days of this event still ahead,"…