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Could One Big Cold Snap Torch Hedge Funds' Record US NatGas Shorts

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Could One Big Cold Snap Torch Hedge Funds' Record US NatGas Shorts Meteorologists are tracking a potential cold blast across the eastern half of the Lower 48 next week, just as hedge funds' short-only positions in US natural gas futures have surged to record highs. That crowded bearish positioning leaves the market vulnerable to a short squeeze if colder weather translates into stronger heating demand. The Commodity Futures Trading Commission released data on Friday showing that money managers' short-only positions across seven benchmark Henry Hub contracts soared to 636,576. That marked the…

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    Could One Big Cold Snap Torch Hedge Funds' Record US NatGas Shorts

    Could One Big Cold Snap Torch Hedge Funds' Record US NatGas Shorts Meteorologists are tracking a potential cold blast across the eastern half of the Lower 48 next week, just as hedge funds' short-only positions in US natural gas futures have surged to record highs. That...

    Low reliability sourceElevated risk

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