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Nat-Gas Prices Fall on Forecasts for Cooler US Temps

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July Nymex natural gas ( NGN25 ) on Friday closed down by -0.142 ( -3.56% ) July nat-gas prices retreated from a 2-1/2 month nearest-futures high and settled sharply lower.

Forecasts for US weather to return to normal from excessive heat starting next month .

Geopolitical risks from the Israel-Iran war are supportive for nat gas prices.