The Latest Breaking News from BOIL

Natural gas prices have been surging from geopolitical, political and now artic weather hitting temperatures not seen in almost 30 years in the East Coast.

Natural gas inventories in the United States decline from November through March. The peak heating season increases the demand for the energy commodity. The beginning of the withdrawal season, when stockpiles fall at the beginning of the withdrawal season, U.S. natural gas prices tend to increase to seasonal highs.

After trading below $1.95 per MMBtu in April 2023, nearby U.S. natural gas prices briefly eclipsed $3 in August before correcting. Natural gas traded to over $10 per MMBtu in August 2022 before collapsing. The April bottom came during a seasonally weak period, and natural gas is moving toward a…

Three years ago, NYMEX natural gas futures traded to the lowest price of this century when the energy commodity reached a two-and-one-half-decade low. In August 2020, the price exploded to a fourteen-year high. In June 2023, nearby natural gas is approaching the 2020 low as last year’s explosive rally imploded.

Natural gas prices are just above the $2 per MMBtu level, a far cry from the August 2022 high that took the volatile energy commodity over $10 per MMBtu for the first time since 2008. In the early days of the offseason for demand at the start of the 2023…

Investors look interested in ProShares Ultra Bloomberg Natural Gas (BOIL) ETF, as evidenced by its significantly high trading volume lately. Since the recovery of natural gas prices from the current level looks highly unlikely in the near term, is it wise to invest in this fund now? Read on to…

Poke The Bear, Suffer A Frosty Winter

Levered Bets on Bitcoin Go Both Ways Good news for an underlying commodity tends to be even better news for companies that mine it, all else equal, thanks to their inherent operational leverage. Frank Holmes explained the concept using gold miners as an example, in an article a few years back:

Levered Bets on Bitcoin Go Both Ways Good news for an underlying commodity tends to be even better news for companies that mine it, all else equal, thanks to their inherent operational leverage. Frank Holmes explained the concept using gold miners as an example, in an article a few years back: