Replies to post #25285 on Velocityshares 3X Long Natural Gas ETN (UGAZ)

[researcher59]

EIA reports a build of 98 Bcf versus expectations for a build of 98 Bcf and the 5 year average of 92 Bcf.

NG (Jul) drops from $3.19 to $3.15/mcf when the news hits.

Current storage is 2,411 Bcf which is 55 Bcf below the five-year average of 2,466 Bcf.