Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

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Natural Gas Futures Fall on Forecasts for Less Heating Demand

Investing.com - Natural gas futures started the week on a downbeat note on Monday, as traders reacted to bearish weather forecasts for most parts of the United States over the next two weeks, that should lead to a dip in heating demand......etc......Market participants looked ahead to this week's storage data due on Thursday, which is expected to show a build in a range between 60 and 70 billion cubic feet (bcf) in the week ended October 27.
That compares with a gain of 64 bcf in the preceding week, a build of 54 bcf a year earlier and a five-year average rise of 60 bcf.
Total natural gas in storage currently stands at 3.710 trillion cubic feet (tcf), according to the U.S. Energy Information Administration. That figure is 189 bcf, or around 4.8%, lower than levels at this time a year ago and 46 bcf, or roughly 1.2%, below the five-year average for this time of year.

https://www.investing.com/news/commodities-news/natural-gas-futures-fall-on-forecasts-for-less-heating-demand-760126






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