Growing concerns that natural gas production is outpacing demand growth

kitchenstove
From Nilanjan Choudhury:

The U.S. Energy Department's weekly inventory release showed a smaller-than-expected increase in natural gas supplies. However, the injection was higher than the five-year average and the year-ago rise. Therefore, despite a slight recovery, natural gas prices remained close to the lowest levels in three years because of growing fears that soaring production is outpacing demand growth.

NYSE:UNG June 17, 2019 4:45pm

Why are natural gas prices so low?

From Nilanjan Choudhury: The U.S. Energy Department's weekly inventory release showed an as-expected increase in natural gas supplies. However, the injection was higher than the five-year average as the mild spring weather continues to limit heating and air conditioning demand.
NYSE:UNG May 14, 2019 2:34pm

Get Free Updates

Join over 50,000 investors who get the latest news from ETFDailyNews.com!

Most Popular


From Our Partners


Explore More from ETFDailyNews.com

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again!

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories