Story thread · 2 reports / 1 sources
Hedge funds rush to cover US natural gas shorts as heat forecasts lift prices
hedgeweek.com · 12h · first report
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Across 1 sources · syndicated copies counted once
US natural gas prices jumped on Monday as changing weather forecasts prompted hedge funds to unwind bearish positions, with money managers having built their largest net-short exposure to the commodity in years, according to a report by Bloomberg.
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