The Natural gas futures spiked today in volatile trades after the prices slipped from a two week high yesterday. The benchmark US futures are trading at $6.29 per mmbtu, up around 2% on the day. The overall sentiments remain choppy as the worries over Russian gas flows to Germany dominate the sentiments. However, the US gas market is tracking falling domestic output and firm summer demand in coming days. The prices have shot up in recent weeks and remain well supported despite a broad sell off in commodities on dollar strength.Powered by Commodity Insights
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