April 11 (Reuters) - U.S. natural gas futures retreated from a one week high in volatile trading on Tuesday, pressured by higher supply and a milder weather outlook.

The market is expected to remain hemmed in a tight range as traders hunt for fresh catalysts.

Front-month gas futures for May delivery on the New York Mercantile Exchange (NYMEX) were 1.9 cents, or 0.9%, lower at $2.15 per million British thermal units (mmBtu) by 10:19 EDT after climbing to more than one-week high earlier in the session. Prices had risen by 8% in the previous session, driven by short covering.

"Prices will likely trade in a range due to lack of news on both the supply and demand side. The market continues to be over-supplied while April and May are not very big weather driven demand months," said Robert DiDona of Energy Ventures Analysis.

"If we cycle out of the maintenance season faster than normal, it could be bearish for prices but if maintenance season continue for longer then market may not be over-supplied anymore," DiDona added.

Refinitiv said average gas output in the U.S. Lower 48 states has risen to 100.1 billion cubic feet per day (bcfd) so far in April, up from 98.7 bcfd in March and compared with a monthly record of 100.4 bcfd in January.

"We still see the May contract trading range bounded largely by about $1.95 on the downside and 2.25 on the upside," said Ritterbusch and Associates in a note.

"The expected expansion in the storage surplus, possibly through the rest of this month, is apt to be a bearish dynamic that this gas market will have difficulty ignoring."

Climate ministers of the Group of Seven countries have backtracked for now on earlier language touting growing future demand for liquefied natural gas $(LNG)$, instead noting there may be "considerable uncertainty" for consumption.

Week ended Week ended Year ago Five-year

April Mar 31 April 7 average

7(Forecast) (Actual) April 7

U.S. weekly natgas storage change (bcf): 27 -23 8 28

U.S. total natgas in storage (bcf): 1,857 1,830 1,395 1,560

U.S. total storage versus 5-year average 19% 19.5%

Global Gas Benchmark Futures ($ per mmBtu) Current Day Prior Day This Month Prior Year Five Year

Last Year Average Average

2022 (2018-2022)

Henry Hub 2.20 2.17 6.70 6.54 3.60

Title Transfer Facility $(TTF)$ 14.17 - 31.83 40.50 14.39

Japan Korea Marker (JKM) 12.63 12.63 29.22 34.11 14.31

Refinitiv Heating $(HDD.UK)$, Cooling $(CDD.AU)$ and Total

(TDD) Degree Days

Two-Week Total Forecast Current Day Prior Day Prior Year 10-Year 30-Year

Norm Norm

U.S. GFS HDDs 91 94 160 151 154

U.S. GFS CDDs 20 21 41 37 34

U.S. GFS TDDs 111 115 201 188 188

Refinitiv U.S. Weekly GFS Supply and Demand Forecasts

Prior Week Current Next Week This Week Five-Year

Week Last Year Average For

Month

U.S. Supply (bcfd)

U.S. Lower 48 Dry Production 99.9 100.3 100.7 - 89.7

U.S. Imports from Canada 6.5 7.0 7.3 - 8.6

U.S. LNG Imports 0.0 0.0 0.0 - 0.1

Total U.S. Supply 106.5 107.3 107.9 - 98.4

U.S. Demand (bcfd)

U.S. Exports to Canada 2.0 2.2 2.1 - 2.6

U.S. Exports to Mexico 5.0 5.0 5.0 - 5.1

U.S. LNG Exports 14.0 14.0 14.1 - 7.1

U.S. Commercial 9.3 7.8 7.4 - 8.7

U.S. Residential 13.4 10.2 9.7 - 12.5

U.S. Power Plant 29.0 30.0 29.2 - 24.9

U.S. Industrial 21.9 21.5 21.5 - 22.5

U.S. Plant Fuel 4.9 5.0 5.0 - 4.9

U.S. Pipe Distribution 2.1 2.0 2.0 - 2.4

U.S. Vehicle Fuel 0.1 0.1 0.1 - 0.1

Total U.S. Consumption 80.8 76.6 74.9 - 76.0

Total U.S. Demand 101.8 97.7 96.1 - 90.8

U.S. weekly power generation percent by fuel - EIA

Week ended Week ended Week ended Week ended Week ended

Apr 14 Apr 7 Mar 31 Mar 24 Mar 17

Wind 12 16 14 14 15

Solar 4 4 4 3 3

Hydro 7 7 7 7 7

Other 2 2 2 2 2

Petroleum 0 0 0 0 0

Natural Gas 39 38 39 37 37

Coal 14 15 16 17 16

Nuclear 20 19 19 18 19

SNL U.S. Natural Gas Next-Day Prices ($ per mmBtu)

Hub Current Day Prior Day

Henry Hub 2.15 2.18

Transco Z6 New York 1.57 1.99

PG&E Citygate 5.96 5.59

Eastern Gas (old Dominion South) 1.50 1.79

Chicago Citygate 1.93 2.00

Algonquin Citygate 1.75 2.09

SoCal Citygate 7.50 8.25

Waha Hub 1.25 1.55

AECO 2.35 2.48

SNL U.S. Power Next-Day Prices ($ per megawatt-hour)

Hub Current Day Prior Day

New England 27.50 27.75

PJM West 28.25 28.50

Ercot North 23.00 24.00

Mid C 99.50 96.33

Palo Verde 82.00 49.00

SP-15 57.25 45.25

(Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Alexander Smith)

((Ashitha.Shivaprasad@thomsonreuters.com;))

((For Refinitiv type ENERGY in Eikon search bar and then go to the GAS drop down and the NORTH AMERICA drop down or see: cpurl://apps.cp./cms/?pageid=usa-gas For Interactive Map, type 'Interactive Map' in the box at upper left of the Reuters nEiko terminal. For graphics on Baker Hughes rig counts, see: For next-day SNL U.S. gas prices, see: For next-day SNL U.S. power prices, see: For U.S. natgas price and storage polls, see: For U.S. nuclear power outages, see: For U.S. Northwest hydro power report, see: For U.S./Canada natural gas rig count vs Henry Hub futures price, see: For the U.S. natural gas speed guide, see: For the U.S. power speed guide, see: To determine CFTC managed money net position add (NYMEX Henry Hub options and futures combined ) plus (ICE Henry Hub options and futures combined divided by four) plus (NYMEX Henry Hub swaps options and futures combined divided by four) plus (NYMEX Henry Hub penultimate gas swaps divided by four) NYMEX Henry Hub options and futures combined NYMEX Henry Hub futures only ICE Henry Hub options and futures combined NYMEX Henry Hub swaps options and futures combined NYMEX Henry Hub Penultimate gas swaps ))