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Hedge Funds Miss the Biggest Rally for Natural Gas of the Year | Tony Seruga
Mar
14

Hedge Funds Miss the Biggest Rally for Natural Gas of the Year

By
  • Speculators raised bearish bets before six-day price rally
  • Prices rose on power-plant switching, potential supply cuts

Money managers never saw the six-day rally in U.S. natural gas futures coming.

Hedge funds missed out on the biggest rebound so far this year, boosting their net-short position in contracts for the fuel to the highest in 10 weeks just before prices climbed. Their bearish bets advanced in the seven days ended March 8 while long wagers were little changed, according to U.S. Commodity Futures Trading Commission data…

Hedge Funds Miss the Biggest Rally for Natural Gas of the Year

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