February 21, 2025 20:41 GMT
AMERICAS OIL: Hedge Funds Boost Net Bullish Natural Gas Bets to 3-Year High: BBG
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 76,653 net-long positions to 435,480, weekly CFTC futures and options data on seven U.S. Henry Hub contracts show.
- The net-long position was the most bullish in more than three years
- Long-only positions rose 86,446 lots to 690,190 in the week ending Feb. 18
- The long-only total was the highest in more than three years
- Short-only positions rose 9,793 lots to 254,710
- The short-only total was the highest in eight weeks
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