Natural gas futures rebounded in early trading Thursday as traders awaited the latest government inventory data, expected to show a lighter-than-average summer injection into Lower 48 stockpiles. 

NGI Morning Natural Gas Price & Markets Coverage

After posting an 8.5-cent loss in the previous session, the September Nymex contract was up 12.6 cents to $9.370/MMBtu as of around 8:45 a.m. ET.

Estimates ahead of the Energy Information Administration’s (EIA) 10:30 a.m. ET storage report show expectations centering around an injection in the low- to mid-30s Bcf for the week ended Aug. 12.

Reuters polled 12 analysts, whose estimates ranged from injections of 22 Bcf to 45 Bcf, with a median forecast of 32 Bcf. A smaller survey by Bloomberg produced a slightly tighter range of projections, with a median build of 33 Bcf.

EIA...