Natural-gas prices rose to a fresh one-month high Friday on expectations of robust demand for the fuel amid hotter-than-average weather this month. Natural gas for July delivery settled up 0.9 cent, or 0.2%, at $4.710 a million British thermal units on the New York Mercantile Exchange, the highest settlement since May 7. Prices rose 3.7% this week, despite government storage data showing a larger-than-expected increase in supplies. Though producers added more natural gas to storage than analysts had anticipated, supplies are still 37% below the five-year average for the week. Natural-gas stocks were heavily drawn down this winter amid record demand for the heating fuel. Larger-than-average injections will still be needed in the coming weeks and months to replenish supplies to average levels before next winter. “Injections are big but they’re not astronomical — and we’ve […]