Replies to post #25225 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 8 Bcf versus expectations for a build of 1 Bcf and the 5 year average build of 33 Bcf.

NG (Dec) drops from $3.04 to $3.02/mcf when the news hits.

Current storage is 3,927 Bcf which is 176 Bcf above the five-year average of 3,751 Bcf.