April 29, 2024 13:40 GMT
Funds Henry Hub Position Most Bullish Since January
NATGAS
GAS POSITIONING – Money managers increased net long positions on seven US Henry Hub contracts to the highest since late January according to the Commitments of Traders data released on Friday.
- Net positions of the weighted index of Nymex and ICE natural gas contracts rose by 34k to a net long of 52k according to Bloomberg.
- The long only positions were the highest in five weeks and short only positions were the lowest since early February.
Source: Bloomberg
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