• LNG demand optimism drives another rally for natural gas futures
  • Pair of tropical storms taking aim at Gulf Coast
  • Cash prices decline amid light weekend demand

After a bit of choppy trading, natural gas futures closed out the week on stronger footing after an earlier slide into the red. The September Nymex gas futures contract settled Friday at $2.448, up 9.6 cents on the day. October moved up 7.0 cents to $2.573.

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Spot gas prices were mostly lower despite warmer weather set to move into the eastern United States by Monday. NGI’s Spot Gas National Avg. fell 9.5 cents to $2.070.

After an eventful week in which prices rallied early and then gave up some ground following a bearish storage report, traders had several things work in their favor on Friday. Liquefied natural gas...