WASHINGTON, D.C. – On September 13, 2024, the Commodity Futures Trading Commission (CFTC) updated its data on speculative net positions in natural gas. The latest figures indicate that the indicator has moved to -87.6K, showing a reduction in bearish bets compared to the previous period’s -100.3K.This change suggests a softening in the negative sentiment surrounding natural gas futures. Investors and market analysts are now questioning whether this shift signifies a potential turning point for the commodity, or merely a temporary adjustment.The CFTC data is closely watched as it reflects the speculative activities of traders and helps provide insights into market trends and potential future movements. As the energy markets continue to experience volatility, stakeholders will be paying close attention to any further developments in the upcoming weeks.The material has been provided by InstaForex Company – www.instaforex.com
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