U.S. natural gas futures (NATGAS-F) fell 2.13% on July 5 after a larger-than-expected storage build highlighted near-term oversupply. EIA data showed inventories rose by 87 billion cubic feet for the week, lifting total stocks to more than 6% above the five-year average. Weather models also pared back high-heat expectations across the East and Midwest, reducing cooling demand and gas-fired power burn. Supply remained elevated, with Lower 48 dry gas output holding near 110 billion cubic feet per day.