The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 11 Bcf natural gas into underground storage for the week ended Jan. 6. The result essentially matched the most bearish of expectations, but Nymex natural gas futures forged ahead anyway.

Ahead of the 10:30 ET government report, the February futures contract was up 19.4 cents at $3.865/MMBtu amid early bargain buying.

The prompt month slid to around $3.802 when the EIA data was released. By 11 a.m. ET, however, it had regained momentum and was ahead 21.6 cents to $3.887.

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