Natural gas producers and gas-transport shares tracked US natural gas futures lower, as weather forecasts for late July shifted cooler and production continued running high, near 107B cf.

Aug nat-gas prices plunged to a 1-week low Monday on the outlook for cooler US temperatures, which will curb nat-gas demand from electricity providers to provide increased air-conditioning usage.

U.S. natural gas futures fall sharply, giving back most of last week’s gains on cooler near-term temperature forecasts, a decline in LNG feedgas flows and a rise in natural gas rigs.

The natural gas market has been a bit negative in the early hours of Monday, as the market continues to see a lot of questions asked about the demand. This being the case, the market remains more ...