U.S. natural gas futures settle lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production. The EIA is expected to report a build of 55 billion cubic feet in underground storage for the week ended April 26, which would lower slightly the surplus over the five-year average. On the output side, Chesapeake Energy said it curtailed production by about 200 million cubic feet a day in 1Q and expects to curtail around 400 million cubic feet a day in 2Q as its builds capacity for when the market recovers.