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UNL - Natural Gas - All Signs Point Lower But Not That Much
United States 12 Month Natural Gas Fund
Natural gas is a seasonal commodity. The price typically moves to the upside in anticipation of the time of the year when demand increases during the winter months. In November 2018, the price of natural rose to its highest price since 2014 when it traded all the way up to $4.929 per MMBtu. Natural gas blew through the early 2018 high at $3.661 and late 2016 peak at $3.994 per MMBtu. However, the price stopped short of $5 and the 2014 which took the price to just under the $6.50 level.