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Natural-Gas Bulls Are Calling A Bottom
By Devon Layne | January 25, 2012

Related ETFs: UNG

As natural gas futures begin to rally, investors are flocking toward natural-gas ETFs in search of low-cost exposure in hopes of higher movement in the near term, according to an article in the Wall Street Journal.

In response to Chesapeake Energy announcing cuts on drilling, natural-gas futures jumped 7.8 percent on Monday, according to the report.

The United States Natural Gas Fund (NYSEArca: UNG) was down by 0.2 percent on Tuesday afternoon, while natural-gas futures were up 1.5 percent—a price dynamic resulting from a phenomenon known as “rolling” of futures contracts, the report said.

For more information, head over to WSJ.com.