Hedge Funds Slash Bullish Natural Gas Bets to 13-Month Low
Hedge funds cut bullish bets on US natural gas after forecasts for mild weather triggered the largest single-day price decline in front-month gas futures in 30 years, forcing traders with...
By Julian Hast · Bloomberg
Hedge funds cut bullish bets on US natural gas after forecasts for mild weather triggered the largest single-day price decline in front-month gas futures in 30 years, forcing traders with long positions to rapidly unwind those bets at a loss.