Coming off a roaring advance in the previous session, natural gas futures continued to climb near the front of the curve in early trading Tuesday as analysts pointed to easing storage availability fears. The September Nymex contract was up 3.2 cents to $2.133/MMBtu at around 8:45 a.m. ET.

AM markets

Monday’s stunning 30.2-cent rally for the September contract came amid a combination of hotter weather forecasts and signs of strengthening liquefied natural gas export demand, analysts at EBW Analytics Group noted.

“The October-January spread also shrunk 17.2 cents, with bulls disregarding the risk of a storage availability squeeze this fall,” the EBW analysts said. “While yesterday’s surge was partly due to a short-squeeze, the near-term push higher is not necessarily over. Over the...