June gas futures moved fractionally higher Friday to close in the low $2.60s per million Btu, up a little more than a penny for the week.

摘要

A supportive weather forecast was could push the contract higher next week, but another huge storage build is on tap to be reported on Thursday. "The market is ending the week on firm footing with slightly higher prices overall," Gelber & Associates analyst Daniel Myers said in a note. "Buyers have pushed the June contract higher this week on the promise of early summer weather, but prices are still encountering resistance on the upside as persistent bears point to recent storage injections and undercut more substantial gains."