Natural gas made small price losses Friday as some traders see the peak of summer is passing. The front-month September contract lost 1.5 cents, or 0.5%, to $2.798 a million British thermal units on the New York Mercantile Exchange. It gained 8.2 cents, or 3% for the week. The boost sent gas back to near dead-center of the 23-cent range it has settled in every session for nearly two months. Volatility has plummeted as bulls and bears have balanced each other out, analysts said. Bulls got support Thursday from new stockpile data showing the lowest summer addition in nearly three years. But storage levels are still healthy, 2.2% above their five-year average, and hot weather on the horizon likely isn’t extreme enough to keep demand as strong as it has been, analysts said. “At the end of the day, this market still looks like a standoff […]