Mumbai, May 5 -- The US natural gas futures soared around 3% to hit fresh three-week high on Monday as markets eyed soaring crude oil prices and recent losses in Natural Gas futures triggered bargain buying. The commodity has mostly stayed in a range recently amid mild weather trends and lost around 4% in April. The counter slipped in Asia today and currently trades down 1% at $2.83 per mmbtu. MCX Natural Gas futures are trading at Rs 269.60 per mmbtu, down 1.79% on the day. Meanwhile, the EIA, in its latest weekly update showed a net increase of 79 Bcf in US natural gas inventories as of April 24, 2026. Working gas in storage was 2,142 Bcf as of Friday, April 24, 2026, according to EIA estimates. This represents a net increase of 79 Bcf fr...