• Markets looked past improved U.S. liquefied natural gas export demand and a light storage report to fall weather and eased cooling demand
  • Analysts expect more robust stockpile injections in coming weeks
  • Spot gas prices continued an upward march, with heat intensifying in the West

Natural gas futures broke even Thursday as markets looked past improved U.S. liquefied natural gas (LNG) export demand and a light storage report to the expected onset of fall weather, eased cooling demand and the likelihood of more robust stockpile injections in coming weeks.

EIA storage Sept. 3

The October Nymex contract inched up one-tenth of a centday/day and settled at $2.487/MMBtu. November dipped four-tenths of a cent to $2.927.

Cash prices climbed higher, however, as near-term cooling demand mounted along with...