Tag: EIA report

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’s Recent Rally Could Continue

Natural gas prices changed direction and rallied by 3.8% during last week. Moreover, United States Natural Gas (UNG) also rose by 3%. Will UNG and natural gas keep recovering? In the meantime, the ongoing increase in Contango in the natural…

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…