Macro Finance
US Natural Gas Surges as Hotter Outlooks Trigger Short-Covering
Bloomberg Markets·August 10, 2026·1 min read
US natural gas futures closed higher, earlier rising by the most in more than two months. The surge was triggered by an unusually large swing in weather forecasts, which caused a wave of short-covering among money managers who were the most bearish on gas since 2020.
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