Hedge Funds Raise Bullish Bets on Oil to Four-Year High: Energy Markets
Net-long positions in futures and options combined in four natural-gas contracts surged by 15,232.5 futures equivalents, or
71 percent, to 36,613.75 in the week ended Nov. 2, the CFTC
report also showed.
The measure of natural-gas net longs includes an index of four contracts adjusted to futures equivalents: Nymex natural
gas futures, Nymex Henry Hub Swaps, Nymex Henry Hub Penultimate
Swaps and ICE Henry Hub Swaps. Henry Hub, in Erath, Louisiana,
is the delivery point for Nymex futures, a benchmark price for
the fuel.
Link to entire article:
http://www.bloomberg.com/news/2010-11-08/hedge-funds-raise-bullish-...
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Permalink Reply by Terry L. Antee on -
Inflation..............
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