U.S. Natural Gas Futures Pull Back With Supplies Limiting Rally
Natural gas futures eased early Tuesday, with the July NYMEX contract down 1.9 cents, or 0.6%, at $3.234 per million British thermal units as of 5:03 a.m. EDT. Monday's gains faded as supply growth weighed against weather-driven buying. Natural gas finished Monday with July contracts up 0.6% at $3.253, as the market balanced this summer’s first big heat with higher-than-usual storage. Warmer forecasts for July boosted expected demand from power generators.