Velocityshares 3X Inverse Natural Gas Etn (DGAZ)

[researcher59]

EIA reported an aggregate draw of 355 Bcf for the 4 weekly reports ending with the report of 1/24. This was 342 Bcf below the 5 year average draw of 697 Bcf for the 4 week period.

Mild winter weather reduced overall demand and cut the storage deficit by 53%. Week by week the draws were 20, 91, 81 and 163 Bcf.

NG closed at $3.00/mcf on 1/24.

As of the 1/24 report, storage was 2370 Bcf which is 305 Bcf below the five-year average of 2675 Bcf.