• BREAKING: U.S. EIA reports an injection of 66 Bcf into storage for week ending Sept. 18, comfortably below the low end of analyst estimates
  • Futures rebounded after a steep slump earlier in the week
  • Weather forecasts pointed to stronger demand

Natural gas futures on Wednesday rebounded in force after a steep slump earlier in the week, bolstered by signs of a liquefied natural gas (LNG) recovery, forecasts of greater weather-driven demand and new storage estimates that indicated containment worries may have been overblown.

EIA storage sept 18

The October Nymex contract popped 29.1 cents day/day and settled at $2.125/MMBtu. The prompt month had plunged more than 20 cents over the two previous trading sessions. November, meanwhile, also bounced back Wednesday from a substantial drop the prior day and...