Natural Gas ETFs Plunge After Freeport Delays LNG Processing Following Explosion
June 14, 2022 at 18:40 PM EDT
Natural gas prices and related exchange traded funds plunged after updates on the Texas terminal for liquefied natural gas that previously caught fire revealed damages could take months to repair. The United States Natural Gas Fund (NYSEArca: UNG) declined 16.0% on Tuesday. Meanwhile, Nymex natural...