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Natural Gas ETF Burns Brighter After Supply Miss

Posted on 13 June 2014

Natural gas prices and related exchange traded funds surged Thursday, experiencing their largest one-day move in almost two months, after new gas injections failed to impress. The United States Natural Gas Fund jumped 4.8% Thursday.
NYMEX natural gas futures were up 4.9% Thursday, trading around $4.73 per million British thermal units. According to the Energy Information Administration, producers pushed 107 billion cubic feet of gas into storage for the week ended June 6, compared to forecasts calling for an increase of 110 bcf, Investing reports………………………………………..Full Article: Source


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