Natural gas has been one of the most talked about commodities this year, as its prices have been on a slippery slope, bringing them down to historical lows. NG futures have sank more than 17% on the year as investors have been scrambling in and out of positions which have continually turned sour. The issues for this fossil fuel started late last year, when winter failed to show up for all intents and purposes. Temperatures across the nation have been relatively mild, curtailing demand for natural gas powered appliances, leading to high stockpiles and low prices [see also 25 Ways To Invest In Natural Gas]. While natural gas has always been a volatile commodity, the recent unpredictable weather patterns have turned it into one of the riskiest trades currently available. When it comes to trading natural gas and its price outlook, the general rule of thumb is not to look [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Tax Tutorial: Complete List Of ETFs That Issue A K-1 iShares Files For Multi-Asset ETF, UNG Will Reverse Split 4-For-1 Daily ETF Roundup: GLD Pops On Greek Drama, UNG Turns Sour Again Daily ETF Roundup: FXI Slumps On Risk Aversion, UNG Jumps On Cooler Weather Daily ETF Roundup: VGK Bolstered By Debt Negotiations, UNG Continues To Sink
Natural gas has been one of the most talked about commodities this year, as its prices have been on a slippery slope, bringing them down to historical lows. NG futures have sank more than 17% on the year as investors have been scrambling in and out of positions which have continually turned sour. The issues for this fossil fuel started late last year, when winter failed to show up for all intents and purposes. Temperatures across the nation have been relatively mild, curtailing demand for natural gas powered appliances, leading to high stockpiles and low prices [see also 25 Ways To Invest In Natural Gas]. While natural gas has always been a volatile commodity, the recent unpredictable weather patterns have turned it into one of the riskiest trades currently available. When it comes to trading natural gas and its price outlook, the general rule of thumb is not to look [...]
Click here to read the original article on ETFdb.com.
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