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Funds Maintain Small Net Long Henry Hub Position

NATGAS

GAS POSITIONING – Money managers maintained a small net long position on seven US Henry Hub contracts despite a slight dip lower on the week 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 9k to a net long of 18k according to Bloomberg.
  • The long only positions and short only positions both increased on the week but remain below the levels seen in late February.

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GAS POSITIONING – Money managers maintained a small net long position on seven US Henry Hub contracts despite a slight dip lower on the week 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 9k to a net long of 18k according to Bloomberg.
  • The long only positions and short only positions both increased on the week but remain below the levels seen in late February.

Keep reading...Show less