Natural Gas ETFs Lose Momentum on Increasing Supply Outlook
June 02, 2014 at 13:52 PM EDT
Natural gas exchange traded funds are losing heat, with gas speculators the least bullish on the commodity this year, as the quicker-than-expected increase in production bolsters inventories. The United States Natural Gas Fund (NYSEArca: UNG) has declined 5.1% and iPath Dow Jones-UBS Natural Gas...