Funds’ Bullish Wagers on European Gas Jump the Most Since War

Investment funds and other speculators boosted their net-long positions in European gas by the most since the first week of the Iran war, signaling a strong conviction that prices still...

By Priscila Azevedo Rocha · Bloomberg Markets

Investment funds and other speculators boosted their net-long positions in European gas by the most since the first week of the Iran war, signaling a strong conviction that prices still have room to rise as the conflict darkens the supply outlook ahead of winter.