US natural gas price jumps on global supply crunch


NEW YORK: United States natural gas prices surged to the highest intraday level in over 13 years, as robust demand tests US drillers’ ability to expand supplies.

Futures rose to US$7.555 (RM32.09) per million British thermal units in early Asian trading, topping January’s short squeeze-fuelled rally and roughly double since the start of the year.

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