Natural gas futures prices stabilized in early trading Thursday as the market continued to mull a leaner-than-expected injection in the latest round of government inventory data. Coming off a 9.9-cent sell-off in the previous session, the December contract had clawed back 6.3 cents to trade at $4.943/MMBtu as of 8:50 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

Having endured a “wave of mass selling this week,” prices were “showing some strength” in early trading Thursday, Bespoke Weather Services observed.

The firm noted only minor day/day changes across various fundamental indicators, while any differences in the latest weather-driven demand outlook were “negligible.”

The Energy Information Administration (EIA) on Wednesday reported a net 7 Bcf injection into U.S. gas stocks for the week ended...