"Natural gas futures rally more than 2% after bullish supply data"

Front futures up a dime at $4.623. We're seeing a developing series of higher lows on the daily chart, four days worth anyway.

From Investing.com via NASDAQ:

Natural gas futures rallied sharply on Thursday, after data showed that U.S. natural gas supplies fell more-than-expected last week.

On the New York Mercantile Exchange, natural gas futures for delivery in April rallied to a session high of $4.661 per million British thermal units.

Nymex gas prices last traded at $4.639 per million British thermal units during U.S. morning hours, up 2.55%, or 11.6 cents. Futures traded at $4.542 prior to the release of the supply data.

The April contract tumbled 3.09%, or 14.4 cents, on Wednesday to settle at $4.523 per million British thermal units.

Prices were likely to find support at $4.441 per million British thermal units, the low from February 27 and resistance at $4.736, the high from March 3.

The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. in the week ended February 28 fell by 152 billion cubic feet, compared to expectations for a decline of 138 billion cubic feet....MORE

Earlier:
"CERAWEEK-Natural gas industry ready to rebuild depleted U.S. supply"
US Natural Gas Price at Odds with Low Storage Stocks

Here's the Weekly Natural Gas Storage Report.