The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 103 Bcf natural gas into storage for the week ended Sept. 23. The result exceeded expectations and matched the largest build of the season – posted the prior week.

The print pressured Nymex natural gas futures. Just ahead of the 10:30 ET EIA report, the November futures contract, debuting as the front month, was down 22.5 cents at $6.730/MMBtu. It fell further to around $6.669 when the EIA data was released. 

By 11 a.m. ET, the prompt month had recovered some but was still down 20.6 cents to $6.749.

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