Natural Gas Futures Tread Lightly as Cooler Temps Settle In

• BREAKING: U.S. EIA reports a 70 Bcf injection into storage inventories for the week ended Sept. 4
• October natural gas futures clawed out a modest gain as markets mulled positive export data against the prospects of cooler weather
• Fall containment concerns kept prices in check
• Spot prices declined amid chillier temperatures across the Rocky Mountains

Natural gas futures wavered between gains and losses much of Wednesday before clawing out a modest gain as markets mulled positive export data against the prospects of cooler weather, a potentially bearish storage report and fall containment concerns.

Coming off an 18.8-cent drop a day earlier, the October Nymex contract on Wednesday climbed six-tenths of a cent day/day and settled at $2.406/MMBtu. November, however, fell 1.9 cents...