Small Inventory Builds Put Natural Gas Bull Back On Track, Prices Poised To Break Above $4.40

By
May 23, 2013
Share:

We examine the latest developments in the natural gas market.

Natural gas rallied after the Energy Information Administration reported that operators injected 89 billion cubic feet into storage last week, within the 87 to 93 bcf range most analysts were expecting.

The injection was above last year’s build of 77 bcf, but in line with the five-year average build of 89 bcf.

 

 

In turn, inventories now stand at 2,053 bcf, which is 691 bcf below the year-ago level and 78 bcf below the five-year average (calculated using a slightly different methodology than the EIA).

 

 

 

ETF.COM CHANNELS

Interested in China? Use our China ETFs Channel, library, and ETF screener.

Interested in oil? Use our oil ETFs channel, library and ETF screener!

ETF DAILY DATA

The largest gold miners ETF lost assets on Thursday, April 28.

BlackRock's ETF assets gained $859 million on Thursday, April 28.

ETF.COM ANALYST BLOGS

By Drew Voros

With the broad equity ideas all taken, issuers look for thinner slices of exposure.

By David Lichtblau

How funds wash away capital gains through create/redeem process.

By Dave Nadig

End investors are the big winners; brokers—not so much.

By Dave Nadig

ETF industry petitions the SEC for market microstructure changes.

ETF INDUSTRY PERSPECTIVE

By Sprott Asset Management

New fund’s underlying index targets equities sentiment on social media.

By Kristi Kuechler

Avoid taking unrewarded—or unintended—risks.

By Vanguard

The investing giant outlines its expectations for the markets and global economy in 2016.