Replies to post #25282 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 71 Bcf versus expectations for a build of 60 Bcf and the 5 year average of 86 Bcf.

NG (Jun) drops from $2.95 to $2.91/mcf when the news hits.

Current storage is 2,100 Bcf which is 87 Bcf below the five-year average of 2,187 Bcf.