Utilities injected 76 Bcf natural gas into underground storage for the week ended Sept. 17, the U.S. Energy Information Administration (EIA) reported Thursday. The print was essentially on par with market expectations and supported a Nymex natural gas futures recovery.

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With robust global demand for U.S. exports of liquefied natural gas (LNG) and peak domestic demand looming this winter, the latest inventory build left supplies lighter than historic averages for this time of year. That rekindled concerns about ample levels of gas for the cold months ahead, giving bulls room to roam in early trading.

“This winter is gonna be very different from previous years for sure as we haven’t had this tight of a market in a very long time,” Refinitiv analyst Shuya Li said Thursday on...