United States Natural Gas Fund
NYSE ARCA: UNG
$14.06
-$0.31 (-2.2%)
Closing price April 26, 2024
The U.S. supply of natural gas in storage rose by 62 billion cubic feet last week and warmer -- but not hot -- weather is likely to depress demand in the coming week.
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The U.S. natural gas stockpile fell again last week during a time a year when it normally rises. But the decline was small and the stockpile should begin to rebuild this week.
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U.S. natural gas stockpiles slipped more than expected last week and demand for next week is expected to rise due to cooler weather. Prices, however, are not moving significantly higher.
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Withdrawals from U.S. natural gas stockpiles were higher than expected last week. This in turn has lifted today's price for May futures.
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The U.S. natural gas inventory fell by 29 billion cubic feet last week, the last week of the "official" winter heating season.
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The U.S. natural gas stockpile fell less than expected last week. With one week to go in the winter heating season, the nation's natural gas in storage totals about 1.38 trillion cubic feet, about a...
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U.S. natural gas stockpiles fell last week by 86 billion cubic feet, the low end of the consensus expected range. Demand is expected to remain high into next week.
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It's not looking like that great of a day for the world of natural gas prices. That's bad for the stocks and exchange-traded products that follow natural gas prices.
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U.S. natural gas stockpiles declined less than expected last week, but demand is expected to rise in the coming week as the eastern U.S. braces for some colder, wetter weather.
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The drawdown in U.S. natural gas stockpiles was at the high end of the expected range and pushed prices up by a penny or so for April futures.
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Natural gas prices moved only slightly following an announced withdrawal from storage that was within the ranged expected by analysts.
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Demand for natural gas was higher than expected last week and the U.S. inventory level fell to nearly 25% below last year's level for the same period and to nearly 20% below the five-year average....
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A withdrawal of 119 billion cubic feet from the U.S. natural gas stockpile was near the high end of a consensus estimate and had little impact on the already-low price.
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U.S. natural gas stockpiles fell less than expected last week, pushing prices of gas for March delivery down to the mid-$2.80s range. That's about $0.30 lower than just a few weeks ago.
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The weekly report on U.S. natural gas storage showed a larger-than-expected withdrawal last week. That has pushed prices up slightly on the NYMEX.
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