United States Gasoline Fund (UGA)
|Day's Range||42.93 - 43.93|
|Inception Date||Feb 26, 2008|
The investment seeks the daily changes in percentage terms of the spot price of gasoline. The fund invests in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels. The Benchmark Futures Contract is the futures contract on gasoline as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration.
Amid inflationary concerns, Americans are feeling the heat of soaring prices at the pumps.
With Colonial Pipeline shutdown and gas shortages hitting the U.S., suddenly Biden's push to cancel pipelines seems like a bad idea.
Annual consumer price inflation rate in the United States rose to 2.6% in March 2021 from 1.7% in the previous month. This marked the highest rate since August 2018.
Final Trades: DUFRY, UGA, AAPL & DAL
The traders offer their final trades of the week. With CNBC's Scott Wapner and the Fast Money traders, Guy Adami, Steve Grasso, Jame McDonald and Barbara Ann Bernard.
Last week was moderate for the Wall Street despite rising coronavirus cases.
As states begin to roll back shutdown restrictions and more Americans go out for some fresh air, gasoline futures and related exchange traded fund has surged. The United States Gasoline Fund (NYSEArca: ...
Assumptions of lower production and higher power demand boost natural gas ETFs in recent sessions.
If February's grim retail sales report is any guide for March, then investors can easily get an idea about what lies ahead for these specific ETFs.
Americans are expected to feel the heat of soaring crude prices at the pumps.
On the heels of another robust trading day -- bringing the S&P 500 index to all-time highs, as well as striking distance of 3000 points -- we're seeing a slight pullback this morning in the pre-markets.