Natural Gas ETFs Climb as Summer Heat Fuels Cooling Demand
July 23, 2020 at 16:37 PM EDT
Natural gas-related exchange traded funds led the charge on Thursday as high air cooling demand to counter the summer heat helped support natgas markets. The United States Natural Gas Fund (NYSEArca: UNG) jumped 6.1% on Thursday with Nymex natural gas futures increasing 6.1% to $1.78 per million...