U.S. natural gas prices fell for the fourth consecutive session on Thursday, as weather forecasting models pointed to milder temperatures across the U.S. later this month. On the New York Mercantile Exchange, natural gas for delivery in December fell by as much as 2.2% to touch a daily low of $4.092 per million British thermal units, the weakest level since November 4. Prices last traded at $4.102 per million British thermal units, down 8.4 cents, or 2.0%. A day earlier, natural gas prices lost 6.2 cents, or 1.46%, to settle at $4.185 per million British thermal units. Futures were likely to find support at $4.029 per million British thermal units, the low from November 4, and resistance at $4.227, the high from November 12. Updated weather-forecasting models reported that an impressive blast of cold air due to trek across the U.S. this week might not push as far south as once anticipated, sparking a wave of profit-taking. Prices of the fuel are down nearly 10% since hitting a four-month high of $4.544 on November 10, as arctic cold temperatures fade and give way to milder weather. The heating season from November through March is the peak demand period for U.S. gas consumption. Meanwhile, the U.S. Energy Information Administration’s weekly storage report slated for release on Friday is expected to show an increase of 36 billion cubic feet for the week ending November 7. The five-year average change for the week is a build of 16 billion cubic feet. The data comes out one day later than usual due to the Veterans Day holiday in the U.S. on Tuesday. Injections of gas into storage have surpassed the five-year average for 29 consecutive weeks, alleviating concerns over tightening supplies. Total U.S. natural gas storage stood at 3.571 trillion cubic feet as of last week, narrowing the deficit to the five-year average to 6.8% from a record 54.7% at the end of March. Elsewhere on the Nymex, crude oil for delivery in December shed $1.08, or 1.4%, to trade at $76.10 a barrel, while heating oil for December delivery lost 1.24% to trade at $2.416 per gallon.