Natural gas futures fell for the first time in three sessions on Friday, finishing an exceptionally volatile week on a sour note. The July Nymex gas futures contract shed 52.0 cents and settled at $6.944/MMBtu. August fell 53.2 cents to $6.906.


At A Glance:

  • Freeport wildcard looms
  • Global supply woes fester
  • Summer demand sizzles

NGI’s Spot Gas National Avg. dropped 85.5 cents to $6.770 ahead of the extended Juneteenth holiday weekend.

After a huge drop last Tuesday – more than $1.40 — on word that a key liquified natural gas (LNG) facility would remain offline through the summer, futures regained ground the next two days amid robust domestic and international demand. Traders, however, moved to the sidelines Friday, settling positions and avoiding further risk before...