ProShares Ultra Bloomberg Natural Gas

BOIL

Market cap $316M

U.S. natural gas futures were steady with a milder near-term weather outlook partly compensated by recovering LNG feedgas flows.

U.S. natural gas futures were lower ahead of the EIA's weekly inventory report with the market continuing to move in tandem with shifts in the weather outlook.

U.S. natural gas futures climbed about ​3% on Wednesday on forecasts for hotter-than-normal weather and more demand over the next two weeks than previously expected.

U.S. natural gas supply and demand will both rise to record highs in ​2026, the U.S. Energy Information Administration said in ‌its Short-Term Energy Outlook on Tuesday.

U.S. natural gas futures were modestly lower as a cooler weather outlook for the second half of June crimped demand expectations.

I rate ProShares Ultra Bloomberg Natural Gas ETF and its bearish counterpart KOLD a Buy as tactical trading tools amid heightened volatility. U.S. natural gas prices pivot around $3/MMBtu, with volatility driven by global LNG demand and geopolitical risks in Europe and the Middle East. BOIL and KOLD are suitable only for short-term risk positions due to leverage, time decay, and high management fees; strict risk management is essential.

U.S. natural gas futures lost ground on lower temperature forecasts for the second half of June and higher production.

U.S. natural gas futures were lower after advancing the previous two sessions on a hotter weather outlook and the report of a below-average weekly storage injection.

U.S. natural gas futures gain with warmer weather forecasts lifting demand expectations for coming weeks.

U.S. natural gas futures were slightly lower with the market awaiting a recovery in LNG feedgas flows after maintenance and higher weather-driven demand into the weekend and next week.