US Natural Gas Fund (NY: UNG )
11.64 USD +0.17 (+1.48%) Official Closing Price Updated: 8:00 PM EDT, Jun 23, 2021 Add to My Watchlist
Stories about US Natural Gas Fund
On the Ethanol front, no more new headlines to report today. Still waiting for the Supreme Court to hand down a decision on the EPA and waivers.
Energy Report: Jobs Insight
June 04, 2021
Low commodity prices helped fuel those stock gains and fed a growing demand for commodities worldwide. Now add in record money printing and stimulus and you have a situation where we are seeing this...
Energy Report: Fire Hazzard
June 03, 2021
Iran keeps having problems with fires! Perhaps the U.S. should send Smokey Bear over to Iran because it appears they have major issues preventing fires and if these fires continue to break out it will...
Natural gas is on track to record a second weekly gain following bullish export figures from the US Energy Information Administration (EIA).
On the Crude Oil front, we have the API data later today. Brent Crude passes $70 a barrel and light sweet crude settled higher after hitting 15-month highs on demand prospects.
Tags Market News
Energy Report: La La Land
June 02, 2021
IEA gets the hypocrite of the week award by calling on OPEC+ to raise output to cool prices after just releasing a report last month calling on the world to stop investing in fossil fuels right away to...
On the Corn front, the market is coming in strong and we will be flirting with $7 corn before you know it.
Tags Market News
Natural Gas Fundamentals Are Coming Into Play
May 29, 2021
This is the first time after several years I feel wary about the upcoming seasonal uptrend. Low interest rate environment cannot be an excuse for speculative spikes. Not when an economy must fully...
It has been an eventful couple of weeks in the natural gas market, with prices ending this week strong, despite a second consecutive bearish EIA report.
On the Corn front, the comeback was fast with the July corn settling limit up. It was a rude awakening to some that the top is far from being in just as acreage and yields have yet to be precisely...
On the Ethanol front, ethanol production and stocks recede. The EIA reported that production averaged 1.011 million barrels per day, down 21,000 on the week, but up 287,000 on the year.
Investors in United States Natural Gas Fund LP (UNG) saw new options begin trading today, for the July 9th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the UNG...
From Market News Video
Energy Report: It's Back
May 27, 2021
Despite a landmark decision by a Dutch court that Shell has to reduce its carbon footprint and environmentalists getting on Exxon Mobil's board, demand for fossil fuels is on track to exceed pre-COVID...
On the Corn front, analysts are sparring as to the reason we had a one-month low in such a short period of time.
Sell on the Pop Prospects: May 26 Edition
May 26, 2021
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to...
Energy Report: Taking Iran Into Account
May 26, 2021
Oil futures are stagnating despite a very friendly American Petroleum Institute (API) supply report.
Energy Report: It Ain't Easy
May 25, 2021
Oil prices are being boosted by increasing demand and the fact that an Iran nuclear deal is becoming more difficult as Secretary State Blinken says that it is unlikely that Iran will comply, making the...
On the Crude Oil front, the U.S. shale is becoming more attractive once again and U.S. shale producers have promised to reign in production growth and return more cash to investors.
Energy Report: Great Day For Iran
May 21, 2021
Things are looking up for Iran and the Iranian regime as reports suggest that all sanctions will be lifted on them so they can go back to doing what they do best, create instability in the world and...
On the Ethanol front, production and stocks were up modestly this week. The EIA showed production averaged 1.032 million barrels a day, the highest weekly average since March 2020.
This has been quite the week in the world of natural gas, as prices posted a huge rally Monday, taking the prompt month June contract all the way to the $3.15 level, only to give back the entire...
Rains In the Plains? The Corn & Ethanol Report
May 19, 2021
On the Corn front, with farmers having planted 80% of their corn crop and the UADA pegs it is behind, we are getting much-needed rains in the Midwest that is forecasted the next couple of days.
Mixed Signals in Corn. The Corn & Ethanol Report
May 18, 2021
On the Ethanol Front Nebraska’s ethanol production is almost reaching pre-pandemic levels. Nearly every plant is back online after many were shut down this time a year ago.
UNG Shares Cross Above 200 DMA
May 17, 2021
In trading on Monday, shares of the UNG ETF (UNG) crossed above their 200 day moving average of $10.87, changing hands as high as $11.25 per share. UNG shares are currently trading up about 5.6% on the...
From ETF Channel
Energy Report: Gas Line Times
May 17, 2021
Gasoline shortages are slowly starting to ease as the Colonial Pipeline is getting back to full speed and we are seeing panic subside.
Natural Gas Range Bound Above The Season's Floor
May 16, 2021
Natural Gas futures on the NYMEX remained flat during the week closing at $2.97 on Friday. EIA reported on Thursday a build of 75 Bcf after reclassification. Total inventory is currently at 2,029 Bcf,...
On the Corn front, the futures trade sharply lower with limit down moves as the USDA did not raise the 2021/22 corn demand.