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U.S. natural gas futures edge higher after EIA storage report

U.S. natural gas futures settled modestly higher after the EIA reported a fourth straight below-average weekly storage build. The 40 Bcf injection landed above market expectations, as weather-related demand continued to wane after Labor Day weekend.

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S. natural gas futures settled modestly higher after the EIA reported a fourth consecutive weekly storage build below average. The 40 Bcf injection was still above market expectations. Analysts said weather-related demand continued to ease, while consumption was reduced over the Labor Day weekend.