Natural Gas surged in the domestic market on Thursday as investors and speculators booked fresh positions in the energy commodity after US gas stockpiles fell last week, signaling improving demand for the fuel in the world’s biggest economy.
At the MCX, Natural gas futures for April 2014 contract closed at Rs. 270.10 per mmBtu, up by 2.5 per cent, after opening at Rs 262.80, against the previous closing price of Rs 263.50. It touched an intra-day high of Rs 270.60
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