Replies to post #25261 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a draw of 11 Bcf versus expectations for a draw of 17 Bcf and the 5 year average of 59 Bcf.

NG (Apr) rises from $2.44 to $2.45/mcf when the news hits.

Current storage is 1,782 Bcf which is 93 Bcf below the five-year average of 1,875 Bcf.