Oil ETF/commodities indexes


Exchange Traded Funds (ETFs) and commodity indexes have long been under attack from regulators who blame them for manipulating the futures markets. During May and June this year, the net asset value of the United States Natural Gas Fund (UNG) grew from $727 million to over $4.5 billion, while the price of natural gas in the US rose by 19% during the same period, spurring claims that these types of investor products have contributed to pushing up prices of physical commodities.

This year, the US

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