The U.S. Energy Information Administration (EIA) reported a 92 Bcf injection of natural gas into storage for the week ended June 10, essentially in line with market expectations. Nymex natural gas futures, already ahead, held comfortably in positive territory after the report.

The print compared with an injection of 28 Bcf during the same week last year and a five-year average injection of 79 Bcf.

Minutes ahead of the EIA report, the July contract was up 46.3 cents at $ 7.883/MMBtu. The prompt month climbed a few more cents after the government data was released at 10:30 ET. By 11 a.m. ET, the July contract stood at $7.764, up 34.4 cents from the prior day’s close.

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