FX.co ★ Steady as She Goes: No Change in CFTC Natural Gas Speculative Net Positions

In an unanticipated turn, the latest data from the Commodity Futures Trading Commission (CFTC) regarding natural gas speculative net positions remained unchanged. As reported on May 30, 2025, these net positions halted at -113.9K, mirroring the previous figure.

The lack of movement may indicate a period of stability or a holding pattern within the market, as speculators seem to be biding their time without shifting their positions in either direction. This steadiness comes at a time when energy markets are closely watched given global shifts toward renewable energy and ongoing geopolitical tensions affecting gas supply chains.

Market analysts will be closely monitoring any upcoming economic indicators or geopolitical developments that could influence future CFTC figures, particularly as the summer season approaches, typically bringing changes in energy consumption patterns. Until then, it seems that, for this period at least, the natural gas speculative market is on a pause.