- The natural gas market including UNG rose again last week. Looking forward, natural gas could start to fall by the end of the month.
- Last week’s injection to storage was lower than normal, which may have contributed to the rally of natural gas prices.
- Due to the warmer-than-normal temperatures, the demand for natural gas in the residential sector fell.
- The low storage levels and slow injection pace could maintain the price of natural gas well above $4.3 in the coming weeks.