Ducked

After moving above $4 in early morning trade for the first time in exactly six weeks, front-month natural gas futures values ducked lower temporarily on news from the Energy Information Administration (EIA) that 95 Bcf was injected into underground storage for the week ended May 1. However, the bulls regained control soon after as June futures ended up closing out Thursday’s regular session at $4.081, up 19.4 cents.