South Central Fundamentals Weighed Down by Cooling Demand

Natural gas futures are struggling to recover from a losing week as traders weigh in on bearish storage news and seasonal declines in power sector demand. The market showed little sign of reversing course on Friday morning, with traders assessing the impact of these factors.

South Central fundamentals remain supportive, but cooling demand is expected to drop sharply, while LNG feedgas strengthening suggests increased imports. These factors are contributing to the downward pressure on natural gas prices.