Ample Supply Weighs on Natural Gas Futures as Demand Fades

Natural gas futures are struggling to stay above water as the market assesses ample supply and a shrinking window for intense cooling demand.

Prompt month natural gas futures were down in early Friday trade, risking a seventh straight weekly loss as the market digests a large build in inventory.

LNG feedgas was edging higher, but it may not be enough to counterbalance the increased supply and reduced demand for cooling.