(Adds natural gas prices, background)
June 10 (Reuters) - U.S. natural gas speculators boosted
their net longs for a second consecutive week, betting prices
will rise as production eases and power demand picks up to
absorb some of the record high amount of fuel left in
inventories after a warm winter.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 48,893 contracts to 54,390 in the week to
June 7, the U.S. Commodity Futures Trading Commission said on
Fri
Read more
No comments:
Post a Comment