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Hedge Funds Are Record Short Natural Gas on Mild Winter Outlook

Source: Bloomberg

Energy Markets & PricesCommodity FuturesInvestor Sentiment & PositioningNatural Disasters & Weather

Hedge-fund managers have built a record short position in U.S. natural gas, reflecting expectations for an unusually mild northern winter. The weather outlook points to anemic demand from furnaces and power plants, weighing on the fuel’s demand outlook.

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