** Shares of natural gas producers down, tracking prices of the commodity
** U.S. natural gas futures fall 1.3% to $2.60 per million British thermal units (mmBtu), after Energy Information Administration $(EIA)$ reported a bigger-than-expected storage build
** CNX Resources , Cheniere Energy , Energy Transfer and Williams Companies fall between 1% and 1.2%
** Shares of New Fortress Energy drop 3.5% to $9.22
** ETFs United States Natural Gas Fund and ProShares Ultra Bloomberg Natural Gas lose 1.8% and 3.6%, respectively
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments