0934 ET - U.S. natural gas futures pull back from overnight highs while maintaining support from higher temperature forecasts moving into June. "With weather heating up at this early stage of the cooling cycle, the market is forced to conjure up an increased possibility of a hot summer," Ritterbusch & Associates says in a note. The firm sees little resistance up to $3.50/mmBtu. Also slightly bullish is a pickup in natural gas exports while production gains are modest, the firm adds. Nymex natural gas is off 2.4% at $3.211/mmBtu.(anthony.harrup@wsj.com)
(END) Dow Jones Newswires
June 01, 2026 09:34 ET (13:34 GMT)
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