Mumbai, Feb. 10 -- Natural Gas futures are slippery, testing near three-week low as warmer weather forecasts are weighing on the commodity. The US Natural Gas futures are at $3.36 per million British thermal units (mmbtu), down 1.34% on the day. The counter tumbled more than 8% in last session as a tumble from highest levels in years continued. Natural Gas had raced around 18% in last month but is witnessing a sustained decline this month. MCX Natural Gas futures are trading at Rs 280 per mmbtu, down 2.33% on the day after opening sharply lower. The counter lost around 10% in last session, sliding under Rs 300 mark. A sharp rise of 42% was seen in open interest while the volumes fell around 10% on the day in last session.
Published by HT D...