New York: Futures prices for natural gas have increased on the NYMEX commodity exchange in New York, APA-Economics reports. The price of natural gas futures for July delivery rose by 1.34%, reaching $3.706 per 1 million BTU (British thermal units).

According to Azeri-Press News Agency, this rise in natural gas prices reflects market reactions to various supply and demand dynamics. The increase marks a significant shift in energy commodities, impacting both domestic and international markets. This development is being closely monitored by analysts who are assessing the potential implications for industries reliant on natural gas.