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AMERICAS OIL: Hedge Funds Boost Net Bullish Natural Gas Bets to 3-Year High

AMERICAS OIL

Hedge Funds Boost Net Bullish Natural Gas Bets to 3-Year High

  • Bloomberg reports money managers have increased their bullish natural gas bets by 61,644 net-long positions to 296,537, weekly CFTC futures and options data on seven U.S. Henry Hub contracts show.
  • The net-long position was the most bullish in almost three years
  • Long-only positions rose 44,689 lots to 523,271 in the week ending Jan. 14
  • The long-only total was the highest in almost three years
  • Short-only positions fell 16,956 lots to 226,733
  • The short-only total was the lowest in more than 14 months
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Hedge Funds Boost Net Bullish Natural Gas Bets to 3-Year High

  • Bloomberg reports money managers have increased their bullish natural gas bets by 61,644 net-long positions to 296,537, weekly CFTC futures and options data on seven U.S. Henry Hub contracts show.
  • The net-long position was the most bullish in almost three years
  • Long-only positions rose 44,689 lots to 523,271 in the week ending Jan. 14
  • The long-only total was the highest in almost three years
  • Short-only positions fell 16,956 lots to 226,733
  • The short-only total was the lowest in more than 14 months