# US oil futures draw renewed interest from hedge funds | Reuters

> 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.

- Date: 2024-06-03 · published 2024-06-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7812-us-oil-futures-draw-renewed-interest-from-hedge-funds-reuters
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Expectations of stronger LNG and power demand support gas prices, though positioning shifts can reverse quickly. The effect on animal feed commodities is indirect.

## Read by commodity

- NATGAS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-oil-futures-draw-renewed-interest-hedge-funds-kemp-2024-06-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.