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Oil and Natural Gas: Are Traders Taking Opposite Positions?

Robert Scott
Oil and Natural Gas: Are Traders Taking Opposite Positions?

Oil and Natural Gas: Are Traders Taking Opposite Positions?CorrelationsSo far in 2019, natural gas (UNG) has a correlation of 8.9% with US crude oil (USO) active futures. During this period, US crude oil rose 44.7%, while natural gas futures