Tag: US 12-month Natural Gas Fund (UNL)
Natural Gas: Bottom In?
Yesterday may have been the turning point in the natural gas market… As you may know, this commodity suffered a heavy downturn in recent weeks. Relatively cool temperatures across key usage regions had cooling demand much lower than normal for this time of year. As a result, natural gas producers were able to pile large […]
Keep An Eye On This Commodity…
With a drop of nearly 9% since June 1st, it has been an ugly few weeks for the price of natural gas. Why such a hefty downturn? Quite simply, investors are reacting to large weekly storage injections. Last week’s EIA natural gas storage report revealed a 100 bcf build. The previous four weeks reports disclosed […]
