UNG - Natural Gas Continues To Bounce Around While LNG's Bullish Trend Remains Strong
So far in 2019, the price of February natural gas futures traded in a range from $2.878 to $3.722 per MMBtu. The year began near the low, and a cold blast of weather across vast areas of the United States caused a significant rally that took the price of the energy commodity over 29% higher from its January 3 low in under two weeks.
Wild volatility in the natural gas futures market began in early November when the price moved to the highest level since 2014 at $4.929 per MMBtu on the continuous futures contract