February Nymex natural gas futures turned higher Wednesday following a five-day losing streak as market participants looked ahead to the latest storage data from the U.S. Energy Information Administration (EIA) and another burst of cold-weather-driven demand.

NGI’s storage estimate highlights inventories tracking below historical norms as winter demand pressures the natural gas market.

Expand

At A Glance:

Futures settle up 17.5 centsNGI models 107 Bcf storage drawCold Blast drives demand