Tag: EIA report

Natural Gas is Still Floating…Barely

ng storage and price 2015

Even though the natural gas market remained soft during most of the 2014/2015 winter, the natural gas market is starting to show some signs of recovery — the price of the Henry Hub has picked up in the past several…

UNG Could Resume Its Downward Trend

United States Natural Gas (UNG) started off the year with a modest gain of 1.5% (up to date). The larger than expected extraction from storage may have provided some back-wind for the recent gain in natural gas. But it’s too…

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…

The Seesaw Motion in UNG Continues

United States Natural Gas (UNG) changed direction and tumbled down by 7% in the past week. This comes after the natural gas ETF spiked by 13% a week earlier. Will this seesaw movement continue for UNG? Let’s start with the…

Cold Weather Projections Drive UNG Higher

United States Natural Gas (UNG) rose by 13% since the beginning of the month as the expectations for a rise in demand in natural gas for heating are growing. What is next for UNG? The chart below shows the progress…

The Recovery Of UNG Continues

United States Natural Gas (UNG) changed direction and added 4.8% during the past week. Despite this recent recovery, UNG was still down by 8.3% during last month.  Was the recent recovery marks a shift in trend? Or will UNG resume…