First Trust Natural Gas ETF

FCG

Valor de mercado US$ 680 mi

Oil markets rally as traders bet on a new round of war between U.S. and Iran.

U.S. natural gas futures fell despite a cold snap in the Northeast that's likely to lift near-term heating demand.

Natural gas and oil forecast: an 8.6M-barrel EIA crude draw and Hormuz tensions support WTI above $95.19, with $98.23 the key breakout; NG eyes $3.16.

Traders react to EIA data and focus on Middle East tensions.

U.S. natural gas futures rose ahead of the EIA's weekly inventory data, with a cold weather expected in the Northeast supporting near-term heating demand.

WTI targets $95.19 after an 11.1 million-barrel API inventory draw, while Brent tests $104.01 support amid Hormuz risks and natural gas eyes a $3.34 breakout.

Oil traders remained focused on the challenging situation in Saudi Arabia, which was attacked by the Houthis.

U.S. natural gas futures fell with the market giving back most of the previous day's gains.

The First Trust Natural Gas ETF (FCG) offers energy sector exposure, not pure natural gas, with top holdings heavily weighted toward oil-linked companies. I maintain a 'hold' rating, as FCG's appreciation is driven by both natural gas and oil prices, with current technicals showing an uptrend but significant volatility. Natural gas fundamentals show strong export demand and higher European/Asian prices, but record supply and rising inventories could pressure FCG if oil prices decline.

WTI holds above $93.94 as OPEC output rises and U.S. inventories tighten, while Brent targets $107.22 amid Hormuz risks and natural gas tests $3.35 resistance.