Energy ETFs to Gain as Arctic Blast Ignites US Natural Gas Price Rally
Key Takeaways Energy ETFs benefit as Arctic weather drove heating demand while gas output fell.LNGX stands to gain as U.S. natural gas futures surged above $6/MMBtu for the first time since 2022.VDE offers diversified exposure after prices jumped 119% in five days, the biggest increase since 1990.In a dramatic reversal of market expectations, U.S. natural gas futures recently soared above $6 per million British thermal units (MMBtu) for the first time since 2022, after a powerful Arctic blast hit major part ...