Category: Natural gas storage

Cold Weather Keeps UNG Up – But for How Long?

The price of United States Natural Gas (UNG) continued its rally as it added 5.5% during last week. Since the beginning of the month, UNG rose by almost 11%. The recent changes in the weather have contributed to the rise…

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…

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…