natural gas

natural gas

Monday, February 23, 2015

Fund Speculative Long Position In Natural Gas Increases By Nearly 20%

Last Friday's Commitment of Trader's report showed renewed fund buying in the natural gas market.

The speculative long futures position held by the funds is currently 90,392 contracts according to the report, up 14,312 or 19% from the previous week. 

The funds were long a record high 488,902 contracts last February at this time.  The market was also trading above the $6.000/MMBtu level.


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