Following a historically large shoulder season storage injection, and with more triple-digit injections expected before winter, natural gas futures retreated in early trading Friday. The November Nymex contract was down 13.6 cents to $6.836/MMBtu at around 8:40 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

The Energy Information Administration (EIA) on Thursday reported a 129 Bcf injection into U.S. natural gas storage facilities for the week ended Sept. 30. The build pushed inventories to a combined 3,106 Bcf, or minus-7.8% versus the five-year average.

“This was the largest reported injection in the last five years and the second largest in EIA’s dataset back to 2010,” Wood Mackenzie analyst Eric Fell said. “…Compared to degree days and normal seasonality, this week’s reported injection appears...