Natural gas slips toward $3.11 as storage stays heavy; UNG, EQT and Cheniere in focus
U.S. natural gas futures closed down 0.6% at $3.109 per mmBtu Friday, near the lowest since October. Storage stood at 3,185 Bcf, 106 Bcf above the five-year average, after a 71 Bcf withdrawal last week. UNG ETF edged up 0.3% late, with EQT and Cheniere Energy also higher after hours. Traders are watching late-January weather and LNG feedgas flows.