Natural gas futures were up early Friday and headed toward a fourth consecutive day of gains as traders digested a bullish storage print, lighter production estimates and a looming heat wave.
Coming off a 1.5-cent gain the prior day, the September Nymex gas futures contract was up 3.8 cents to $2.165/MMBtu at around 8:45 a.m. ET.
National Weather Service (NWS) data showed mild weather across northern markets extending into early next week. Former Hurricane Debby, meanwhile, continued to deliver drenching, cooling rains along the East Coast on Friday.
