Natural Gas hits three-week high after breaking above $3 per mmbtu mark

US Natural Gas futures edged up today, adding to latest gains and hitting a three-week high as a break above $3 per mmbtu mark extended. Futures are quoting at $3.30 per mmbtu right now, up 0.24% on the day and are up around 10% this week as markets eye trend in inventories and near- term heating demand for the commodity. MCX Natural gas futures jumped 2.80% in last session. The local futures are currently trading at Rs 310.50 per mmbtu, up 0.55% on the day.

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