Tag: Devon Energy

UNG Remains Around $15—Will It Recover?

The price of United States Natural Gas (UNG) ended the year with another tumble as it dipped below $15 at one point. Currently, the price is around $15 – the lowest level UNG reached in the past couple of years.…

Normal Winter Conditions Could Pull Back UNG

The natural gas market experienced a high level of volatility that resulted in big swings for United States Natural Gas (UNG) in the past few days. The weakness in the oil market is weighing in on the natural gas, but…

Will the Recent Fall of UNG Continue?

The natural gas ETF United States Natural Gas (UNG) resumed its downward trend and shed 2.3% off its value during last week. Is the recent descent in UNG reach a halt anytime soon? How is the weather impacting the direction…

How Low Can UNG Go?

The natural gas market cooled down last week, as the price of the Henry Hub fell by 4.5%. Moreover, the natural gas ETF United States Natural Gas (UNG) also tumbled down by 4.6%. Will UNG keep falling down? Let’s review…

Will Natural Gas Prices Remain Close to $4?

The price of natural gas rose by 1% in the past three weeks. Following this modest gain, the price remained close to $4. The latest development in the natural gas market also led United States Natural Gas (UNG) to shed…

Natural Gas Prices Show Signs of Recovery

Natural gas remained relatively unchanged on a weekly scale as the Henry Hub slightly rose by 0.3% to reach $3.86. United States Natural Gas (UNG) rose by 1%. Conversely, U.S natural gas producers such as Chesapeake Energy (CHK) continued to…