Research
Natural Gas (Henry Hub): speculative net positioning at 3-year low
Non-commercial traders were net short 236,439 Natural Gas (Henry Hub) futures contracts as of 2026-10-06, the lowest net reading across 156 weekly reports.
Each statement cites its observations
Facts
- 01
Report date 2026-10-06. Non-commercial long 272,279, short 508,718, net −236,439 contracts.
Observations: 135720, 135723, 135722, 135718, 135719
- 02
Open interest 1,815,990 contracts; non-commercial net equals -13.0% of open interest.
Observations: 135720, 135723, 135722, 135718, 135719
- 03
Percentile rank 0.3 over 156 weeks.
Observations: 135720, 135723, 135722, 135718, 135719
Underlying observations
Provenance
| ID | Metric | Period | Value | Status | Class | Observed | Source |
|---|---|---|---|---|---|---|---|
| 135722 | Commercial long Natural Gas (Henry Hub) | 2026-10-06 | 622,339 | Verified | Public | 2026-10-10 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135723 | Commercial short Natural Gas (Henry Hub) | 2026-10-06 | 402,492 | Verified | Public | 2026-10-10 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135719 | Non-commercial long Natural Gas (Henry Hub) | 2026-10-06 | 272,279 | Verified | Public | 2026-10-10 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135720 | Non-commercial short Natural Gas (Henry Hub) | 2026-10-06 | 508,718 | Verified | Public | 2026-10-10 13:16 UTC | U.S. Commodity Futures Trading Commission (opens in a new tab) cot-legacy/1.0.0 |
| 135718 | Open interest Natural Gas (Henry Hub) | 2026-10-06 | 1,815,990 | Verified | Public | 2026-10-10 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.