Financial News
Natural Gas ETFs Plunge on Unusually Warm January Outlook
December 29, 2020 at 07:15 AM EST
Natural gas futures plunged Monday as warm weather ahead dashed bets of a winter cold spike. On Monday, the United States Natural Gas Fund (NYSEArca: UNG) declined 8.7% while the Nymex natural gas futures decreased 8.6% to $2.3 per million British thermal units. Conversely, the ProShares UltraShort...
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