Proshares Ultrashort Bbg Natural Gas ETF(KOLD.US)

Cold weather boosts stocks, natural gas sees largest one-day gain since Jan 27, 2022. Merger talks added to gains.

The price of natural gas experienced its most significant single-day increase since January 27, 2022, as a result of cold weather conditions. This surge in value also led to a rally in certain stocks. Additionally, reports of merger discussions contributed to the overall gains observed in the market.

U.S. crude oil closed down about 1.4%, hitting a new closing low since early May

U.S. crude oil prices fell by about 1.4%, hitting a closing low not seen since early May. WTI November crude futures closed down $0.81 at $57.46 per barrel, close to the closing price of $56.94 on May 7 and $56.28 on May 5. NYMEX November natural gas futures settled at $2.9380 per million British thermal units, gasoline futures settled at $1.8117 per gallon, and heating oil futures settled at $2.1535 per gallon

Proshares Ultrashort Bbg Natural Gas ETF | 10-Q: FY2025 Q3 Revenue: USD 2.27 M

NYMEX natural gas futures rose to $5, the first time since December

TTF Prices Rebound on Tuesday

European natural gas futures rebounded to €36.3/MWh after a 4% drop on Monday, driven by low gas storage levels in the EU, currently at 49.9% full compared to 61% last year. Major hubs like Germany and France are seeing significant declines in reserves. Cooler temperatures may increase demand, while competition for LNG cargoes is expected to rise. Supply concerns are heightened by reduced nominations at French terminals and geopolitical tensions between the US and Europe, with the EU relying heavily on US gas exports.