Natural gas futures finished out the short week far quieter than only one day prior. After prices took a beating on verification that an outage at a key export terminal could drastically improve balances, the July Nymex gas futures contract settled on Friday at $6.220/MMBtu, only 1.9 cents lower day/day.

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Spot gas prices also continued to peel back amid moderating temperatures in several parts of the country. NGI’s Spot Gas National Avg. dropped 41.5 cents to $5.980.

Despite persistent forecasts calling for easing heat throughout the coming week, which could have led to another sharp sell-off, traders appeared content to take a breather on Friday after the latest storage data led to hefty discounts across the Nymex futures curve. The Energy Information Administration’s (EIA)...