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Henry Hub Net Longs Fall Again on the Week

NATGAS

GAS POSITIONING – Managed money net long positions on seven US Henry Hub contracts last week fell to a seven week low after reaching a peak for the year on Nov 3 according to the delayed Commitments of Traders data released yesterday.

  • Net long positions of the weighted index of Nymex and ICE natural gas contracts fell by -19k to +96k according to Bloomberg.
  • The long only total was the highest since May 2022 while the short only total was the highest since March 2023.

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