A midweek rebound proved fleeting for September natural gas futures as a bearish seasonal supply outlook outweighed steamy near-term weather forecasts as of midday Friday.

Natural Gas Intelligence's (NGI) Waha midday natural gas price graph showing historical market volatility.

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Here’s the latest:

  • September Nymex gas contract down 9.7 cents to $2.970/MMBtu as of 1:56 p.m. ET