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Stock impact report

Forecasts for Frigid US Temps Push Nat-Gas Prices Sharply Higher [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
Dec nat-gas prices rallied sharply to an 8-month nearest-futures high on Tuesday as forecasts for frigid US temperatures support increased heating demand for nat-gas. Forecaster Vaisala said Tuesday that the midday update to the Global Forecast System weather model shifted colder in the North Rockies and in the Northeast for November 14-18. Also, forecasts moved colder in the central US for November 21-25. More News from Barchart Crude Oil Prices Move Higher on Hopes for the US Government to Reopen Nat-Gas Prices Gain on Colder US Weather Forecasts Don't Miss the Cup and Handle Pattern Our Top Chart Strategist is Tracking Now Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Higher US nat-gas production is a bearish factor for prices. On October 7, the EIA raised its forecast for 2025 US nat-gas production by +0.5% to 107.14 bcf/day from Septe Show less Read more
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