The ProShares UltraShort Bloomberg Natural Gas (KOLD) surged 6.72% to close at $34.94 on February 4th, as natural gas futures fell 3.88% to $3.22/MMBtu amid fluctuating weather forecasts and trade tensions. The decline in natural gas prices was influenced by President Trump's decision to delay tariffs on Canada and Mexico, which initially led to a 10.1% rally on Monday, but was followed by a drop as China i
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) is experiencing significant downward pressure due to a sharp rise in natural gas prices. This surge in natural gas futures, which jumped 8% to $3.287/MMBtu, is largely attributed to President Trump's recent announcement of tariffs on Canadian and Mexican oil imports. These tariffs have raised concerns about potential supply disruptions, leading to a
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) closed down 0.52% on January 31st, ending the day at $40.22 as U.S. natural gas futures rose 0.98% to $3.08/MMBtu. The upward movement in natural gas prices was influenced by milder weather forecasts for early February, which are expected to reduce heating demand across much of the U.S. from February 1-5. Despite colder weather in the Midwest and Nor
Natural gas markets are experiencing a notable shift as traders focus on the prospect of a warmer-than-usual March, which is expected to significantly reduce demand. The transition to the March contract has brought attention to the upcoming spring season, traditionally a period of lower natural gas consumption. This anticipated decline in demand is compounded by forecasts of milder weather in North America
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) closed down 5.49% on January 29, 2025, at $37.71, as natural gas prices experienced a rebound driven by European market dynamics and U.S. weather forecasts. February natural gas futures rose by 1.84% to $3.547/MMBtu, buoyed by a surge in European gas prices to a 15-month high, which prompted short covering in the U.S. market. The National Oceanic and
Natural gas markets are experiencing a significant downturn on January 28, 2025, driven by a combination of technical factors and weather forecasts. The rollover into the March contract has seen natural gas prices drop sharply, with pre-market trading showing a 3.76% decline. This decline is attributed to the market's approach towards the $3.50 level, a previously resistant area now expected to act as suppo
Natural gas futures experienced a significant drop on January 27, 2025, as weather forecasts reduced the expected cold for the upcoming weeks, leading to a decrease in demand. The February Nymex natural gas futures contract fell by 26.5 cents to $3.762/MMBtu in early trading. This decline is attributed to the diminishing impact of a recent polar vortex and the anticipation of a major winter storm that is ex
Natural gas markets are experiencing heightened volatility on January 23, 2025, as traders anticipate a significant storage withdrawal report from the U.S. Energy Information Administration (EIA). The market is reacting to an expected record draw of 270 billion cubic feet (Bcf) due to an arctic blast that has driven up heating demand. This has led to a complex supply-demand dynamic, with Texas freeze-offs c
Natural gas futures experienced a notable decline on January 21, 2025, as traders reacted to milder weather forecasts and technical signals indicating bearish momentum. Despite an Arctic blast impacting parts of the U.S., the market largely dismissed its immediate effects, focusing instead on predictions of milder weather for late January. This shift in sentiment was compounded by a bearish reversal pattern
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) is experiencing a significant uptick, driven by a confluence of factors affecting the natural gas market. As of January 20, 2025, natural gas futures have been under pressure, sinking towards $3.75/MMBtu. This decline is attributed to forecasts of warmer weather following an Arctic blast, which has eased demand for heating. Additionally, the anticipa
Natural gas prices experienced a significant drop on January 17, 2025, as revised weather forecasts indicated milder conditions ahead, reducing the anticipated heating demand. The American weather model showed a substantial increase in heating degree days, leading to a warmer outlook and prompting traders to take profits after a recent surge in prices. This shift in weather expectations has created uncertai
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) closed down 9.29% at $28.12 on January 16th, as natural gas prices surged by 4.90% to $4.28, driven by a combination of extreme weather conditions and supply constraints. The U.S. Energy Information Administration reported a significant storage draw of 258 billion cubic feet, exceeding estimates and reflecting the impact of the coldest temperatures t
Natural gas markets are experiencing heightened volatility as traders anticipate the release of the U.S. Energy Information Administration's (EIA) storage data, which is expected to reveal a significant withdrawal due to the coldest temperatures this winter. The eastern two-thirds of the United States have been much colder than normal, driving up heating demand and pushing February Nymex natural gas futures
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) closed at $31.00 on January 15, down 8.5% as natural gas prices surged by 4.03% to $4.13/MMBtu amid heightened winter demand and supply constraints. The natural gas market is experiencing significant upward pressure due to frigid weather conditions across the U.S., which have slowed production and increased heating demand. Analysts anticipate a subst
Natural gas markets are experiencing heightened volatility as peak winter heating demand intersects with robust calls for U.S. LNG exports. Frigid weather conditions have slowed production, leading to dwindling storage supplies and driving spot prices higher. Analysts suggest that the physical market could maintain its upward momentum throughout January, as cold weather continues to bolster demand. However,
Natural gas futures experienced a significant decline on January 14, 2025, driven by a combination of factors that have softened demand expectations. The market reacted to forecasts predicting warmer weather for the latter part of January, which has reduced the immediate need for heating. Additionally, liquefied natural gas (LNG) demand has weakened, further contributing to the bearish sentiment. The Februa
Natural gas prices have surged due to a combination of frigid weather conditions and supply concerns, significantly impacting the ProShares UltraShort Bloomberg Natural Gas ETF (KOLD). The U.S. is experiencing a severe cold snap, with temperatures plunging as low as -10°F in some regions, driving up heating demand and pushing natural gas futures higher. This weather-driven demand has led to a substantial wi
The ProShares UltraShort Bloomberg Natural Gas (KOLD) closed down 9.54% on January 8th, 2025, at $40.22, as U.S. natural gas futures surged 6.38% to $3.67/MMBtu amid strong demand and supply disruptions. The rally in natural gas prices was fueled by colder-than-normal weather, which has led to faster-than-expected withdrawals from storage, with U.S. utilities pulling 40 billion cubic feet in the week ending
The ProShares UltraShort Bloomberg Natural Gas ETF (KOLD) surged 6.44% to close at $44.46 on January 7th, as natural gas prices fell sharply by 6.27% to $3.44. The decline in natural gas prices was driven by a combination of factors, including warmer weather forecasts in Europe reducing LNG import needs and severe winter storms in the U.S. boosting domestic demand. Despite the increased demand, the market f
Natural gas markets are experiencing significant volatility due to a combination of weather patterns and geopolitical factors. Recent forecasts indicate warmer weather in Europe, reducing the need for major imports of liquefied natural gas (LNG), while the U.S. is facing severe winter storms that are increasing domestic demand. These storms are expected to extend beyond mid-January, potentially causing powe