🔴 Natural Gas ETF (BOIL) is trading 2.8% down as milder forecasts delay seasonal heating demand

BOIL is trading at $22.35, down 2.78%, as milder U.S. weather forecasts delay expected seasonal heating demand.

• Forecasts call for above-normal temperatures across the eastern U.S., adding pressure.
• Output has fallen to an eight-month low, but that was offset by milder-weather demand forecasts.
• Natural-gas futures were reported down 2.11% at $3.241 in early trading.