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UNG - Natural Gas- Injections Rise Alongside The Price
United States Natural Gas Fund LP
April 20 was a memorable day in the crude oil market as the price of the energy commodity fell to a new all-time low and below zero for the first time. On that day, while all eyes were watching the price action on petroleum, natural gas sent the market a signal, and it was not bearish.
June NYMEX natural gas futures reached a high of $2.085 on April 20, and the next day, when June crude oil fell to $6.50 per barrel, natural gas rose to an even higher high of $2.10 before correcting lower.