Natural gas futures eked out a narrow gain on Monday despite shifts in weather forecasts and continued reminders of robust supplies. Following a 9.8-cent loss Friday, the July Nymex gas futures contract picked up 1.2 cents day/day and settled at $2.266/MMBtu, bolstered by strength in cash markets. August advanced a half-cent to $2.336.

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NGI’s Spot Gas National Avg. jumped 22.0 cents to $1.920, led higher by spikes in the West.

After holding above the century mark through much of May, production estimates dipped beneath the 100 Bcf/d level for several days of the past trading week, limiting supplies in parts of the central and eastern United States. However, the output interruptions were due largely to short-term maintenance events, and production on Monday climbed back near 101...