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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATGAS
Hedge funds have continued to increase their net-long positions in the European natural gas and LNG markets week on week to reach multiyear highs, according to Platts citing ICE data.
- TTF futures totalled 2.99 billion lots in both long and short positions in the week to Aug. 16.
- 64% were contributed by commercial undertakings, followed by investment funds at 22% and investment funds at 14%.
- The net long position increased nearly 14% on the week to the strongest net-long position funds have taken since July 2, 2021.
- An LNG trader told Platts that there were no real bullish factors in European gas and LNG markets other than the pending expiry of the Russia-Ukraine gas flows.
- Funds were also going long for summer 2025, traders told Platts, supported by the delay in some upcoming LNG production projects.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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