June 24 (Reuters) - U.S. natural gas speculators boosted
their net longs for a fourth consecutive week, betting prices
will rise as production eases and power demand remains high to
meet rising air conditioning use during an unusually hot start
to the summer.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 12,388 contracts to 94,209 in the week to
June 21, the U.S. Commodity Futures Trading Commission said on
Friday.
(Reporting by Scott DiSavino; Editing
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