The U.S. Energy Information Administration (EIA) reported a natural gas storage withdrawal of 75 Bcf for the week ending Feb. 2, which was bearish against expectations and historical averages.

Ahead of the 10:30 a.m. ET government report, March Nymex futures were trading down 2.2 cents at $1.945/MMBtu after crashing through key $2.000 support a day earlier. After the data was released, the contract ticked lower. By around 11 a.m. ET, futures had fallen 4.4 cents to $1.923. 

The latest storage pull snapped the recent string of triple-digit withdrawals that culminated with the 197 Bcf drawdown reported for the week that ended Jan. 26.

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