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Re: wz9ytp post# 12856

Monday, 05/29/2017 9:30:47 AM

Monday, May 29, 2017 9:30:47 AM

Post# of 18980

http://staging.marketrealist.com/2017/05/hedge-funds-net-long-position-us-natural-gas-hit-new-high/


The CFTC (U.S. Commodity Futures Trading Commission) will release its weekly “Commitment of Traders” report on May 26, 2017.

In its previous report, the CFTC reported that hedge funds increased their net long position in US natural gas futures and options contracts by 27,776 contracts to 245,640 on May 9–16, 2017—the highest level ever. It suggests that hedge funds are bullish on natural gas (DGAZ) (BOIL) (UNG) prices. Open interest in US natural gas futures and options contracts is also at an all-time high at 1,579,239 on May 9–16, 2017.

Hedge Funds’ Net Long Position in US Natural Gas Hit a New High