{"id":53774,"date":"2016-08-05T08:05:17","date_gmt":"2016-08-05T12:05:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=53774"},"modified":"2016-08-05T08:05:17","modified_gmt":"2016-08-05T12:05:17","slug":"hedge-funds-seen-by-citigroup-buying-gas-as-mid-3-forecast","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2016\/hedge-funds-seen-by-citigroup-buying-gas-as-mid-3-forecast.html","title":{"rendered":"Hedge Funds Seen by Citigroup Buying Gas as Mid-$3 Forecast"},"content":{"rendered":"<p>(Bloomberg) Citigroup Inc. expects hedge funds to bet on rising natural gas by the end of the year as strong demand and slowing production help push prices toward the mid-$3 range in 2017.<\/p>\n<p>Money managers will probably hold more long positions than short by the end of the year, unless the winter is mild, Citigroup analysts including Anthony Yuen said in an Aug. 3 note. Speculators have reduced their net short positions in natural gas on the New York Mercantile Exchange from a seven-year high of 228,000 futures and options in November 2015 to about 43,000 as of last week, according to Commodity Futures Trading Commission data.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-08-04\/hedge-funds-seen-by-citi-going-long-gas-as-prices-head-to-mid-3\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Citigroup Inc. expects hedge funds to bet on rising natural gas by the end of the year as strong demand and slowing production help push prices toward the mid-$3 range in 2017. Money managers will probably hold more long [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53774","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=53774"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53774\/revisions"}],"predecessor-version":[{"id":53775,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/53774\/revisions\/53775"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=53774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=53774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=53774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}