John Kemp, a gas market expert, reports that hedge funds and large investors have significantly increased their speculative positions in the US natural gas market, accumulating 612 billion cubic meters of gas purchases in a week before February 18. This trend has been ongoing since November, with net buyers in 13 out of the last 15 weeks. The net long positions have reached a peak not seen since 2017, raising concerns about market volatility and potential price drops. The low gas prices have prompted power companies to switch from coal to gas, while gas production has been curtailed due to low prices. The current gas prices have risen significantly since last March's lows, reflecting broader market dynamics and supply uncertainties. Teljes cikk (Portfolio.hu)