Inventory Data Moves Natural Gas Higher Again Today (UNG)

May 10, 2012 10:44 AM UTC
Natural gas inventories came in lower than expected at 30 bcf, essentially in-line with estimates and lower than the four week average of a 35 bcf build. United States Natural Gas (NYSE: UNG) is moving higher again today in early trading, after beating the pants off other commodities all week. Analysts say production levels for natural gas have finally come in line with demand as electricity companies convert to natural gas generators.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Commodities, ETFs

Related Entities

Natural Gas Inventories