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Hedge funds have grown more bullish on US gas prices, expecting strong gas-fired generation demand and the restart of LNG export facilities to eliminate excess inventories. The report describes fund positioning rather than a new physical event.
Expectations of stronger LNG and power demand support gas prices, though positioning shifts can reverse quickly. The effect on animal feed commodities is indirect.
reuters.comJohn KempJun 3, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
