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Updated: 19-May-26 15:18 ET
UNG:  US Natural Gas ETF +3.2% trading higher again today, ETF has been moving higher since early May  (11.92 +0.37)
  • Hotter weather forecasts and global LNG supply fears appear to be the main catalysts.
  • There have been recent reports of a super El Nino this summer.
  • El Ninos are fairly common, but this one is being billed as a super El Nino, which could mean a very hot summer. That means more AC's powered by natural gas utilities.
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