0929 ET - U.S. natural gas futures are lower heading into the July contract expiration with cooler expected temperatures ahead and weak spot prices. "Although the deferred gas contracts haven't been as weak as the spot month, they have definitely been pulled lower by the plunge in next-day spot pricing," Ritterbusch says in a note. Cooler weather after this week's heat wave appears to have prompted utilities to defer buying in anticipation of lower prices, the firm adds. The Nymex July contract is down 0.7% at $3.382/mmBtu. August gas is off 0.1% at $3.565/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
June 26, 2025 09:29 ET (13:29 GMT)
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