Natural Gas ETF Rally Could Burnout, Following Saudi Oil Attacks
September 20, 2019 at 16:16 PM EDT
Natural gas ETFs may continue to weaken as U.S. shale producers ramp up production to capitalize on the spike in oil prices, following the attacks on Saudi Arabia’s oil facilities. The United States Natural Gas Fund (NYSEArca: UNG) has increased 15.6% over the past month, with Nymex natural...