Unseasonable Warmth Pressures Natural Gas ETFs
October 24, 2016 at 13:55 PM EDT
Natural gas exchange traded funds continued to burn out, with natgas futures down to their lowest level in five weeks, as warmer-than-normal weather in the Midwest fueled speculation that a more temperate winter could diminish heating demand. On Monday, the United States Natural Gas Fund (NYSEArca:...