Despite a constructive near-term weather outlook, natural gas futures declined across the curve to start the trading week as bearish production and LNG readings, and a shrinking window for meaningful cooling demand, dictated sentiment. The more heavily traded September contract was down 10.2 cents at $2.786, with similar declines across the winter strip. NGI’s Entropic Analytics estimated US dry gas output at a three-day average of 111.74 Bcf/d, versus LNG feedgas demand of 17.96 Bcf/d. The US natural gas rig count gained one unit week/week to reach 127 as of Friday, per Baker Hughes and Enverus data, while the oil count slipped by two to 450. Oil and LNG futures were down sharply Monday morning amid a pause in tit-for-tat strikes between the United States and Iran.