Latest News for KOLD
Natural gas futures rose slightly as mild weather in the U.S. kept air-conditioning demand subdued.
U.S. natural gas futures edged up about 1% to a fresh three-week high on Friday on a drop in output over the past month and near-record liquefied natural gas exports.
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away.
Natural gas markets are tightening fast after a major LNG supply shock — but the ETF scoreboard tells a very different story.
U.S. natural gas futures were trading sideways with the market caught between some late-season heating demand in the north and limited cooling demand in the south.
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