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June Nymex natural gas (NGM24) on Wednesday closed down by -0.020 (-0.91%). June nat-gas prices on Wednesday fell back from a 3-1/2 month nearest-futures high and closed moderately lower. Gas prices gave up their gains Wednesday and turned lower on expectations that US nat-gas supplies will remain abundant. The consensus is that Thursday’s weekly EIA nat-gas inventories will climb by +88 bcf, above the 5-year average for this time of year of +81 bcf. Nat-prices on Wednesday initially extended this week’s rally to a 3-1/2 month high on carryover from last Friday when Baker Hughes reported that …

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