Hedge Fund Gas Bets Climb to Three-Month High in Futures: Energy Markets

Bloomberg – Hedge funds increased bullish bets on natural gas to the highest level in three months on smaller- than-expected stockpile gains and speculation that reduced nuclear output will spur demand for the power-plant fuel.

The funds and other large investors increased wagers on rising prices by 38 percent in the seven days ended April 26 to the most since Jan. 25, according to the Commodity Futures Trading Commission’s Commitments of Traders report.

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