Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Energy, Fund Profile, Investment more

Hedge funds cutting bearish gas bets fuel rally: Energy Markets

Posted on 02 December 2011

Hedge funds slashed bets on falling natural gas prices from record levels last week, triggering the longest rally since July on speculation that cold weather will bolster heating demand and reduce brimming stockpiles.
The funds and other large speculators cut short positions, or wagers that prices will decline, by 25 percent in futures and options in the week ended Nov. 22, according to the Washington- based Commodity Futures Trading Commission’s Commitments of Traders report. ……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031