After facing a Rs. 2.10 or 1.12% decline in its price, Natural Gas Futures prices surged to Rs. 191.30 per MMBTU on Jan 04, 2021. It could have happened due to increased participants in their long positions and the number of rigs drilling in US has remained the same i.e., 83 rigs for the week ended on December 31, 2020. Natural gas prices were rising as the demand for the heat increase in US due to the cold weather.