0943 ET - U.S. natural gas futures are lower with little change in temperature forecasts to indicate a pickup in demand. "Weather visibility indicates few heat risks into late July, and LNG demand remains inconsistent--defanging the biggest upside threats for Nymex futures," Eli Rubin of EBW Analytics says in a note. Tighter fundamentals are expected in the third quarter, "but absence of bullish catalysts is raising the risk of another technical breakdown and a bearish leg lower." Nymex natural gas is down 1.5% at $3.358/mmBtu. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
July 07, 2025 09:43 ET (13:43 GMT)
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