January 31, 2025 20:41 GMT
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
- Money managers have increased their bullish natural gas bets by 14,704 net-long positions to 325,349, weekly CFTC futures and options data on seven US Henry Hub contracts show.
- The net-long position was the most bullish in almost three years
- Long-only positions rose 8,829 lots to 553,878 in the week ending Jan. 28
- The long-only total was the highest in almost three years
- Short-only positions fell 5,875 lots to 228,529
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