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U.S. Gas Short Positions Reach 636,576 in Third Weekly Record

The total covered seven Henry Hub benchmark contracts, with data dating to May 2013. BAMWX forecast a Wednesday cold front and lake-effect precipitation through Friday evening.

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Pipelines and valves mark the Henry Hub natural gas junction near Erath, Louisiana. (AI-generated image / EconoTimes)
Pipelines and valves mark the Henry Hub natural gas junction near Erath, Louisiana. (AI-generated image / EconoTimes)

Money managers held 636,576 short positions across seven Henry Hub benchmark contracts, extending the run of weekly records to three and setting the highest level in data dating to May 2013.

The latest figures were released Friday. The total spans seven Henry Hub benchmark contracts, and the historical data dates back to May 2013.

In its Nov. 7 X post, BAMWX projected the next cold front would reach the region Wednesday. BAMWX expected a low to linger into Friday evening, bringing a chance of showers and flurries to lake-effect areas.

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