The April Nymex futures contract traded at $2.520 at 11 a.m. ET on Thursday, up 8.1 cents from the previous day’s close. This was after the U.S. Energy Information Administration (EIA) reported a withdrawal of 58 Bcf natural gas from storage for the week ended March 10.

At A Glance:

Natural gas futures faltered on Wednesday, a second-consecutive loss. The April Nymex gas futures contract settled at $2.439/MMBtu, down 13.4 cents day/day. May lost 14.4 cents to $2.546.

Over on the cash side, NGI’s Spot Gas National Avg. shed 16.5 cents to $2.700.

NatGasWeather said cooler air and multiple bouts of late-winter storms would likely drive seasonally strong heating...