May natural gas fell to another new contact low during the overnight trading hours but tried to stabilize this morning. The market experienced a high-volume trade yesterday, as more than 400,000 contracts traded. It appears that natural gas continues to struggle to find a demand source worthy of trimming record supply levels. Expectations for this morning's EIA natural gas storage report are for an injection of around 25 bcf, which is higher than the same week last year of 7 bcf and above the five-year average build of 22 bcf.
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