🔴 Natural Gas ETF (BOIL) is trading 2.04% down in pre-market as milder forecasts curb demand

BOIL is trading at $21.57, with a -2.04% change, as milder-than-normal weather forecasts curb expected heating and cooling demand.

• Natural gas benchmarks also weakened, falling 0.87% on October 16 to $3.21/MMBtu.
• Output has edged higher, while lower LNG feedgas flows add pressure.
• Broad equity futures were mixed, pointing to a gas-specific catalyst rather than a general market move.