With production remaining well off recent highs and a concerning storage trajectory ahead of winter, natural gas futures rebounded to close of the week. The September Nymex gas futures contract settled Friday at $9.336, up 14.8 cents from Thursday’s close. October futures climbed 14.5 cents to $9.315.

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At A Glance:

  • Potential storage shortfall in focus
  • Hurricanes could bring lengthy outages
  • Cash slides on heavy rain

Spot gas prices fell on Friday, though, as rainy weather and otherwise comfortable temperatures sapped demand. NGI’s Spot Gas National Avg. slid 50.5 cents to $8.385.

After another rollercoaster week, Friday’s price action along the futures curve was slightly more subdued but not exactly quiet. September futures traded in a wide band of about 50 cents,...