Traders Boost Their Bullish Bets on European Natural Gas Prices ...Middle East

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Traders Boost Their Bullish Bets on European Natural Gas Prices
Portfolio managers raised their bullish bets on Europe’s natural gas prices for a second consecutive week, lifting the number of longs close to the highest in more than two years. The long positions in the Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, increased again in the past week, and are now near the level from January 2022, just before Russia invaded Ukraine, according to data from Intercontinental Exchange cited by Bloomberg on Wednesday. Hedge funds and other money managers continue to be concerned…

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