Natural Gas Futures Slip Amid Expectations for Lighter Domestic Demand

Natural gas futures slipped lower Tuesday, extending the extensive sell-off from a week earlier. A mid-July reprieve from oppressively hot weather patterns and the potential for another stout storage print weighed on prices.

The August Nymex gas futures contract settled at $5.523/MMBtu, down 20.7 cents day/day. September fell 22.5 cents to $5.487.

With heat scorching the Lower 48 in the near term, NGI’s Spot Gas National Avg. gained 30.0 cents to $5.760.

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