Natural gas futures fell following the sixth triple-digit storage injection in seven weeks. The December Nymex futures contract settled at $5.975/MMBtu on Thursday, down 29.3 cents day/day. January lost 25.9 cents to $6.330.

At A Glance:

  • Production falls to 97 Bcf/d
  • Forecasts for mixed demand
  • NGI models draw of 41 Bcf

NGI’s Spot Gas National Avg. shed 25.0 cents to $3.775.

The prompt month had spiked 55.4 cents in the previous session on signs of cold weather by mid-November, sparking fresh discussions of potential supply/demand imbalance in the event of an early winter arrival. But a hefty storage build posted Thursday – and expectations of more to come – eased supply concerns and heaped downward pressure on futures.

The U.S. Energy Information Administration (EIA)...