Houston

Natural gas futures advanced as hotter weather forecasts and a smaller-than-expected storage injection gave bulls fresh support. Record Lower-48 production and steady associated gas flows, however, continue to limit the market’s ability to extend rallies.

Natural gas futures advanced as hotter weather forecasts and a smaller-than-expected storage injection pointed to stronger summer demand. Still, record Lower-48 production and steady associated gas flows continue to limit bullish momentum.

September natural gas futures advanced as hotter Texas forecasts revived expectations for stronger cooling demand. Record Lower-48 output, Freeport LNG maintenance and a storage surplus keep Thursday’s EIA report at the center of the next market move.