U.S. Natural Gas Fund was down about 40% year to date heading into Thursday’s action. The fund holds total net assets of $809.1 million.
Natural gas futures are rising off decade lows as drillers cut production in response to lower prices and utilities use more of the cheap fuel to generate electricity, the Associated Press reported.
Futures trimmed their gains Thursday after a weekly government report showed inventories within expectations, MarketWatch reports.
U.S. Natural Gas Fund
