Research
Natural Gas (Henry Hub): speculative net positioning at 3-year low
Non-commercial traders were net short 231,020 Natural Gas (Henry Hub) futures contracts as of 2026-09-29, the lowest net reading across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-09-29. Non-commercial long 276,192, short 507,212, net −231,020 contracts.
Observations: 135077, 135080, 135079, 135075, 135076
- 02
Open interest 1,782,129 contracts; non-commercial net equals -13.0% of open interest.
Observations: 135077, 135080, 135079, 135075, 135076
- 03
Percentile rank 0.3 over 156 weeks.
Observations: 135077, 135080, 135079, 135075, 135076
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 135079 | Commercial long Natural Gas (Henry Hub) | 2026-09-29 | 609,632 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135080 | Commercial short Natural Gas (Henry Hub) | 2026-09-29 | 396,129 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135076 | Non-commercial long Natural Gas (Henry Hub) | 2026-09-29 | 276,192 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135077 | Non-commercial short Natural Gas (Henry Hub) | 2026-09-29 | 507,212 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135075 | Open interest Natural Gas (Henry Hub) | 2026-09-29 | 1,782,129 | Verified | Public | 2026-10-03 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
Source: U.S. Commodity Futures Trading Commission, Commitments of Traders (Legacy, futures only). Calculations: EveryIntel. Generated by intelligence-rules/1.0.0; confidence 97%. Findings describe published data; they are not forecasts, investment advice or recommendations. See the methodology.