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United States Natural Gas Fund LP ( (UNG) ) just unveiled an announcement.
The United States Natural Gas Fund, LP reported a significant net loss of $206.86 million for October 2024, driven by losses in both realized and unrealized trading positions in commodity futures and swap contracts. Despite initial asset contributions of $198.98 million, the fund’s net asset value dropped to $797.91 million by month’s end, highlighting the volatility and risks associated with natural gas investments.
Find detailed analytics on UNG stock on TipRanks’ Stock Analysis page.
