Wednesday, July 6, 2022
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home ETFs

Summer Demand, Supply Problems Lift Natural Gas ETFs

MtR by MtR
June 11, 2021
in ETFs
0
Summer Demand, Supply Problems Lift Natural Gas ETFs


Natural gas exchange traded funds led the charge on Friday as natgas prices hit a high for the June series on prospects of extended supply disruptions and potentially higher demand to combat the summer heat.

Among the best performing non-leveraged ETFs of Friday, the United States Natural Gas Fund (NYSEArca: UNG) increased 4.8%, while Nymex natural gas futures advanced 5.3% to $3.32 per million British thermal units.

On the supply side, a pipeline notice fueled bets of prolonged supply disruptions out of the Northeast, Natural Gas Intelligence reports. Texas Eastern Transmission Co. (Tetco) stated that a pressure reduction started this month on part of its 30-inch diameter system due to a Pipeline and Hazardous Material Safety Administration (PHMSA) order, which could last until late in the third quarter.

“While some of the affected gas is likely to be re-routed, flows from Appalachia to the South could be reduced for months,” EBW Analytics Group analysts said in a note. “It is also possible that sections of the pipeline will need to be shut down while the anomaly is being corrected, further magnifying the impact on gas prices.”

On the demand side, NatGasWeather for June 11-17 anticipated warmer weather ahead for many regions.

“The southern U.S. remain hot with highs of 90s and 100s due to strong upper high pressure. A weather system over the Ohio Valley and Mid-Atlantic Coast continues to bring showers with warm highs of 80s. California and the Northwest remain mild to nice with highs of 60s to 80s as a new Pacific weather system arrives with showers,” according to NatGasWeather.

“Dangerously hot high pressure will shift over the Southwest and Plains next week with highs of 90s to 115 Fahrenheit, hottest in the deserts, while weather systems with showers sweep across the Great Lakes and East with highs of 60s to 80s. Overall, high national demand this week.”

For more news, information, and strategy, visit ETF Trends.



Source link

Related articles

ETF investors reduce credit risk as recession fears spike

July 6, 2022

Passive Index ETF Investments Could Be Adding to EM Volatility

July 6, 2022

Related Posts

ETF investors reduce credit risk as recession fears spike

by MtR
July 6, 2022
0

Fed could tip the US economy into a recession High yield, corporate bond and emerging market debt ETFs have all...

Passive Index ETF Investments Could Be Adding to EM Volatility

by MtR
July 6, 2022
0

While the emergence of exchange traded funds has helped investors diversify into the once hard-to-reach developing economies, the increased ease...

Treasuries ETFs Gain Momentum on Recession Risks

by MtR
July 5, 2022
0

Treasury bonds and related exchange traded funds are strengthening as investors turn to the relative safety of government debt in...

As Yields Rise and Fall, Keep These ETFs Handy

by MtR
July 5, 2022
0

When it comes to short-term trading opportunities, stocks are certainly not the only game in town, especially with the way...

Demand for fixed income ETFs declining, survey finds

by MtR
July 5, 2022
0

Current macro environment having an impact Demand for fixed income ETFs has waned this year, according to a recent survey...

Load More
  • Trending
  • Comments
  • Latest

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021

Tips for checking smoke alarms during daylight saving time

March 12, 2022

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
Fed tapering and emerging markets

Fed tapering and emerging markets

June 7, 2021
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0

Paytm Money moves direct mutual fund investors to BSE star exchange

July 6, 2022

ETF investors reduce credit risk as recession fears spike

July 6, 2022

Bonds and ETFs find favour on NZX in June

July 6, 2022

RBA rate lift causes shift in commodity prices

July 6, 2022

Recent News

Paytm Money moves direct mutual fund investors to BSE star exchange

July 6, 2022

ETF investors reduce credit risk as recession fears spike

July 6, 2022

Bonds and ETFs find favour on NZX in June

July 6, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter