UPDATE 1-Speculators cut U.S. natgas net shorts to lowest since Dec 2014 -CFTC

(Adds benchmarks, natural gas prices) April 1 (Reuters) - U.S. natural gas speculators cut their net short positions in the latest week to the smallest level since December 2014 when the market was net long as traders shrug off record end-of-season inventories during a recent short covering rally. Speculators in four major NYMEX and ICE markets decreased their bearish bets by 33,832 contracts to 1,800 in the week to March 29, the U.S. Commodity Futures Trading Commission said on Frida


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