$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ March 4th ...

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ March 4th news,USA.Henry Hub natural gasRising prices, due toUSA.最大的Henry Hub natural gasManufacturer Yin Tuo Group (EQT) stated that due to oversupply leading to a general price decline, the company will reduce production.USA.Benchmark Henry HubHenry Hub natural gasfuturesRose 6.7% to 1.96US dollarsPer million British thermal units. Since the beginning of this year, the one-month forward contract has fallen by more than 20%, still well below the seasonal average level. EQT stated that in response to the low energy prices, the company will reduce its net production by approximately 30 to 40 billion cubic feet before March. According to institutions' estimates, a reduction of 40 billion cubic feet would account for around 7% of the company's quarterly output. In the past few months,USA.Henry Hub natural gasfuturesWith prices falling sharply, companies have had to make adjustments. Last month, both Chesapeake Energy Corporation and Concho Resources Inc. announced production cuts based on market conditions.