Monday, August 31, 2026
Column: Hedge funds pause oil buying as rally stalls- oil and gas 360

Column: Hedge funds pause oil buying as rally stalls

Reuters LONDON – Hedge funds have stopped buying oil in recent weeks as the rally that carried prices higher during May and June has run out of momentum, amid concerns about the faltering economic recovery   Hedge funds and other money managers sold the equivalent of 21 million barrels in the six most important petroleum futures and options contracts in

U.S. natgas output rises after W.Va. Mountaineer pipe returns- oil and gas 360

U.S. natgas output rises after W.Va. Mountaineer pipe returns

Reuters U.S. natural gas production rose over the weekend after TC Energy Corp’s Mountaineer Xpress pipeline in West Virginia returned to service following unplanned work, according to the company and data from Refinitiv.Pipeline data showed U.S. output climbed to 88.2 billion cubic feet per day (bcfd) on Sunday, up from a low of 87.0 bcfd last week due mostly to