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Fund Net Long Henry Hub Positions Decline

NATGAS

GAS POSITIONING – Managed money net long positions on seven US Henry Hub contracts reduced last week but maintains a small net long position according to the Commitments of Traders data released on Friday.

  • Net positions of the weighted index of Nymex and ICE natural gas contracts decreased by 20k to a net long of 17k according to Bloomberg.
  • The long only position edged lower and short only positions increased slightly on the week after both reached a high in late February.

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