natural gas

natural gas

Tuesday, January 20, 2015

Speculative Long Position In Natural Gas Falls By 9.5% - Near A 2-Year Low

Hedge funds continue to exit the natural gas market selling into last week's rally according to the Commitment of Trader's report released on Friday.

The speculative long futures position held by the funds was estimated at 98,613 contracts, down 10,191 or 9.5% from the previous week and near a two year low.

The funds were long a record large 488,901 contracts last February.

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