US Natural Gas Fund (NY: UNG )
11.43 USD +0.13 (+1.15%) Official Closing Price Updated: 8:00 PM EDT, Jun 16, 2021 Add to My Watchlist
Stories about US Natural Gas Fund
Energy Report: A Moratorium On The Drilling Moratorium
Today 9:28 EDT
A loss for the Biden administration but a big win for common sense. That’s what happened when a judge threw out the Biden administration's ill-conceived drilling moratorium for oil and gas on federal...
Natural Gas Futures: A Deeper Correction Looks Probable
Today 5:34 EDT
After reaching new YTD peaks near $3.37 per MMBtu on Tuesday, prices of the natural gas closed the session with decent losses in tandem with rising open interest and volume.
On the Corn front, there are many pontificators throwing opinions on the U.S. crop that threw the market into a frenzy of selling activity. We will soon see how correct they are as hot and dry weather...
The Importance Of Weather In The Sugar Market
June 15, 2021
A discussion about the recent Brazil drought and higher crude prices, which have helped sugar prices. However, both India and Thailand's weather and crop production will be important factors in the...
Energy Report: The Shale Road Back
June 15, 2021
The US shale patch recovery has been a rocky road and now is facing more challenges, unlike anything they have seen before.
Natural gas prices, which were already on quite a roll the last couple of weeks, soared much higher to end last week.
Happy Flag Day! The Corn & Ethanol Report
June 14, 2021
On the Natural Gas front, the market is easing a little after last week’s big gains. Hot and dry weather are forecasted for the week ahead.
Natural Gas Support At $3.20 Affirms The Uptrend
June 13, 2021
The market wants to break out in uptrend on seasonality, and a support level around $3.20 - $3.30 will affirm most of market participants sentiment about the following months. The summer demand will...
"Dr. Weather" warned traders on Thursday about a potential sell-off in grain prices while maintaining a bullish attitude in natural gas. That could change a bit due to the -Eastern Pacific Oscillation
Summer Demand, Supply Problems Lift Natural Gas ETFs
June 11, 2021
Natural gas exchange traded funds led the charge on Friday as natgas prices hit a high for the June series on prospects of extended supply disruptions and potentially higher demand to combat the summer...
From ETF Trends
While corn and soybeans planted are ahead of schedule, we must also remind ourselves it is June 10th. Not harvest time. We won’t gather data of yields at least to the 4th of July.
Investors in United States Natural Gas Fund LP (UNG) saw new options become available today, for the July 30th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the...
From Market News Video
Energy Report: Futile And Stupid
June 10, 2021
Environmentalists have gone full Animal House in winning a futile and stupid gesture by finally killing for good the Keystone XL Pipeline.
Is The Energy Transition Inflationary?
June 09, 2021
Although the media breathlessly forecasts imminent peak oil, demand continues to grow. The world is likely to return to its pre-Covid 100 million barrels per day level by year’s end.
Energy Report: Trillions Of Reasons
June 09, 2021
There are a trillion reasons why OPEC plus wants to drive up prices. Mainly because it had been reported that OPEC plus lost over a trillion dollars due to the pandemic.
A dome or high-pressure ridge in Meteorology is a key feature in affecting corn, soybean, and natural trading in summer.
Energy Report: $70.00 Slip
June 08, 2021
Crude oil prices seem to have lost their mojo as the $70.00 test was met with resistance and profit-taking. It does not help that there is not a lot of new news.
Energy Report: $70.00 Again
June 07, 2021
The price of crude oil briefly touched $70.00 a barrel again for the first time since 2018 as the re-open trade increased demand. OPEC dominates the global oil market while the U.S. rig count failed to...
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.
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.
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.