• BREAKING: U.S. EIA reports an injection of 61 Bcf natural gas storage for the week ended April 9, coming in below median estimates
  • May Nymex contract settled at $2.618/MMBtu on Wednesday, down just one-tenth of a cent day/day

Natural gas futures traded in the green much of Wednesday, lifted by colder weather trends that pointed to increased heating demand through the second half of April.

eia storage april 9

Near-record liquefied natural gas (LNG) levels continued to provide price support as well. But a sixth-straight day of gains proved elusive as traders took profits late in the session and prior to Thursday’s government inventory report.

The May Nymex contract settled at $2.618/MMBtu, down just one-tenth of a cent day/day. June was off three-tenths of a cent to $2.693.

Cash prices...