Natural gas futures pulled back on Tuesday after production reached lofty levels and hefty new U.S. tariffs imposed on Canada and Mexico were delayed.

Image showing NGI's Algonquin Citygate, Waha, Henry Hub and SoCal Citygate natural gas prices versus Lower 48 demand.

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At A Glance:

Gas production near 2025 peakWeather demand outlook mixedCanadian, Mexican tariffs delayed