Natural-gas futures rose Tuesday on expectations of a drop in U.S. production. The natural-gas market is oversupplied as moderate weather has limited demand for the heating fuel this winter and production has remained high despite low prices. But the Energy Information Administration said Monday that natural-gas production in the seven key shale-drilling regions should fall by 491 million cubic feet per day, or 1.1%, in May compared to April. Natural-gas production “is showing some early signs of cracking,” said energy-advisory firm Gelber & Associates in a note. Natural-gas futures for May delivery settled up 9.2 cents, or 4.8%, at $2.004 a million British thermal units on the New York Mercantile Exchange. The stocks of natural-gas producers also rallied Tuesday. Chesapeake Energy Corp. rose 34%, Ultra Petroleum Corp. rose 44% and Southwestern Energy Co. rose 15%. Natural-gas prices are down 14% year-to-date. Demand is expected to continue to fall […]