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home / news releases / GASL - A Recovery In Natural Gas: Time To Start Nibbling


GASL - A Recovery In Natural Gas: Time To Start Nibbling

The nearby NYMEX natural gas futures market will post the sixth consecutive month of lower prices if it remains below $2.239 per MMBtu on the final trading day of August. The energy commodity has moved lower in the last eight out of nine months.

Last November, the low level of natural gas inventories in storage around the United States led to a price explosion on the upside. The price rose to a high at $4.929 per MMBtu as the energy commodity moved into the peak season for demand, with only 3.247 trillion cubic feet in

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Stock Information

Company Name: Direxion Daily Natural Gas Related Bull 3x Shares Direxion Shares ETF Trust
Stock Symbol: GASL
Market: NYSE

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