USA Natural Gas Storage 95B Vs 88B Est.; 84B Prior
Portfolio Pulse from Happy Mohamed
USA Natural Gas Storage reported 95B, higher than the estimated 88B and the previous 84B.
June 22, 2023 | 2:30 pm
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POSITIVE IMPACT
United States Natural Gas Fund (UNG) may see a positive impact as USA Natural Gas Storage reported higher than expected figures.
The United States Natural Gas Fund (UNG) is an ETF that tracks the performance of natural gas. With the USA Natural Gas Storage reporting higher than expected figures, it indicates a potential increase in demand for natural gas, which could positively impact the price of UNG.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100