The U.S. Energy Information Administration (EIA) reported an injection of 54 Bcf natural gas into storage for the week ended April 28. The result was essentially on par with expectations and failed to provide support for floundering Nymex natural gas futures.

Ahead of the EIA print, the June Nymex gas futures contract was down 5.8 cent to $2.112/MMBtu. When the EIA data was released at 10:30 ET, it slipped to $2.110. Within another 30 minutes, the prompt month was down 6.6 cents to $2.104.

Futures have fallen each session this week, mired in a slump brought on by near-record production, hefty supplies and seasonally soft domestic weather-driven demand.

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