As the natural gas market continued to mull the implications of a lower-than-expected weekly storage build, one that appeared to derive from a temporary drop in renewable generation, futures prices retreated in early trading Friday. After rallying 9.7 cents in the previous session, the November Nymex contract was down 10.4 cents to $5.583/MMBtu at around 8:45 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

The U.S. Energy Information Administration (EIA) on Thursday reported a net 81 Bcf injection into domestic natural gas stocks for the week ended Oct. 8. The print came in on the bullish side of surveys and slightly exceeded the five-year average 79 Bcf injection for the period.

Total Lower 48 working gas in underground storage ended the period at 3,369 Bcf, 174 Bcf (minus 4.9%) below the 3,543 Bcf five-year...