Tag: weather

Will Natural Gas Keep Recovering?

The price of natural gas changed direction and added over 4.3% during the past week. The Henry Hub ended close to $4 – the highest level in the past three weeks. United States Natural Gas (UNG) also recovered in the…

What Could Bring UNG and Natural Gas Down?

The price of natural gas and United States Natural Gas (UNG) rallied, despite the higher than normal injection to storage during last week. Moreover, during the past four weeks, the injections to storage were 24% higher than the 5-year average.…

What Is Keeping the Price of Natural Gas High?

Last week’s injection to storage was higher than the five year average. This development, however, didn’t stop the price of natural gas and United States Natural Gas (UNG) to recover during last week. Will the ongoing higher than normal injections…

Is the Natural Gas Market Bound to Cool Down?

The price of natural gas slightly rose during last week. United States Natural Gas (UNG) also increased last week. Based on the recent U.S Energy Information Administration weekly update, the latest weekly natural gas injection was well above the five…

Will Natural Gas Lose Steam and Fall?

The natural gas resumed its rally during the previous week mainly on Thursday following the release of the U.S Energy Information Administration weekly report. According to the report, last week’s natural gas injection was below the five year average. As…

Will Natural Gas Keep Rising?

The natural gas bounced back during last week. United States Natural Gas (UNG) also recovered. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection was the first one in twenty weeks; it was still…