Cooler weekend weather model trends, dialing back expectations for early June heat, saw natural gas futures slide in early trading Monday. The June Nymex contract was down 10.9 cents to $7.974/MMBtu at around 8:45 a.m. ET. July was off 11.4 cents to $8.064.

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The early June temperature outlook trended cooler over the weekend in the major weather models, resulting in a drop in projected gas-weighted degree days, Bespoke Weather Services told clients early Monday.

“We had expected to see stronger heat show up in that time frame, and still feel the pattern is poised to move hotter, but there are definitely delays in its arrival,” Bespoke said. “…In short, while we do expect the La Niña base state to send the pattern back hotter down the road, the next couple of weeks look best...