With no major changes from updated forecasts, and as analysts continued to mull a bearish miss in the latest government inventory data, natural gas futures traded slightly lower early Friday. The June Nymex contract was off 1.3 cents to $2.912/MMBtu at around 8:45 a.m. ET.

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After some back-and-forth trends in recent runs of the major weather models, Bespoke Weather Services said its updated forecast early Friday ended up slightly hotter compared to the previous day’s expectations.

Temperatures are “still averaging above normal for the next couple of weeks, with the peak heat being in the middle of next week, as highs reach the mid to upper 90s in the Mid-Atlantic, with some 90s up into the Northeast as well,” Bespoke said. “Despite a hotter than normal overall state,...