Natural gas futures on Friday struggled for direction for a second consecutive session. The prompt month tested both sides of even before slipping lower late as traders weighed robust production against steady export demand and forecasts for colder mid-February domestic conditions.

Natural Gas Intelligence's (NGI) natural gas forward curve chart showing basis price forecasts for hubs key to the Northeast market.

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At A Glance:

Heating demand to swing higherProduction hovers near 106 Bcf/dInventories hold below average