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Natural Gas ETF Plunges 27% Amid Global Shake-Up

The United States Natural Gas Fund (UNG) has experienced a 27% decline in 2020 due to oversupply and low demand. Investors face challenges and risks, with potential further price declines. Alternative fund UNL may not perform as well. Caution is advised for novice traders.

by Mark Eisenberg
Sat, Feb 17, 2024 7:09pm
in Finance
• 2 mins read
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Natural Gas ETF Plunges 27% Amid Global Shake-Up | FinOracle

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United States Natural Gas Fund Experiences 27% Decline in 2020

Despite the growing global importance of natural gas as an energy source, the United States Natural Gas Fund, an ETF tracking natural gas prices, has seen a significant decline of 27% this year.

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