Natural gas futures finished the trading week on a high note, despite festering concerns about lofty storage levels, moderating demand when fall weather moves in, and a slow recovery for U.S. liquefied natural gas (LNG) exports in the wake of Hurricane Laura.

Evening markets

After trading in the red on Friday morning, the October Nymex contract rebounded and settled at $2.588/MMBtu, up 10.1 cents day/day. November climbed 6.0 cents to $2.987.

Next day cash prices, meanwhile, continued to cruise in California as scorching heat blanketed the state, but prices retrenched elsewhere amid profit taking and moderating temperatures. NGI’s Spot Gas National Avg. fell 9.0 cents to $2.170, following strong overall gains earlier in the week.

Futures capped a see-saw week as markets shrugged off the...