Hedge Funds Are Bearish on Natural Gas for First Time Since 2024
Petroleum Geochemistry I Ariana Energy Researchers
Bloomberg—Hedge funds turned bearish on US natural gas for the first time since 2024 on signs of plentiful domestic supplies and expectations of reduced export needs.
In the week ended May 26, money managers switched to a net-short position of 11,316, across seven US benchmark Henry Hub contracts, according to data from the Commodity Futures Trading Commission. In the prior week, investors had a net-long position of 15,270.