Replies to post #25280 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 60 Bcf versus expectations for a build of 64 Bcf and the 5 year average of 81 Bcf.

NG (Jun) drops from $2.95 to $2.92/mcf when the news hits.

Current storage is 1,958 Bcf which is 61 Bcf below the five-year average of 2,019 Bcf.