Nat Gas (UNG) Pops as Draw Surpasses Expectations Last Week - EIA
Tweet
Share
E-mail
The United States Natural Gas (NYSE: UNG) ETF is popping Wednesday afternoon following new data out of the EIA for nat gas stockpiles.
According to the EIA, nat gas inventories fell 38 billion cubic feet (bcf) last week. The drop was wider than analyst expectations calling for a 30 bcf decline.
Henry Hub nat gas is up $0.009 to $3.841 per mmBtu on the Comex.
The five-year average change for the week is a gain of 3 bcf.
According to the EIA, nat gas inventories fell 38 billion cubic feet (bcf) last week. The drop was wider than analyst expectations calling for a 30 bcf decline.
Henry Hub nat gas is up $0.009 to $3.841 per mmBtu on the Comex.
The five-year average change for the week is a gain of 3 bcf.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Natural Gas Inventory 28 bcf vs 36 bcf Expected
- U.S. Senators to vote on new Russia and Iran energy sanctions bill
- Yemen's Houthis considering fees for ships sailing through Red Sea - Reuters
Create E-mail Alert Related Categories
Commodities, ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
