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Stock impact report

Nat-Gas Prices Fall on Warm US Weather Forecasts and Ample Inventories [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
Dec nat-gas prices fell sharply on Monday due to warmer-than-normal weather forecasts for Nov 22-26 for the eastern half of the US. Nat-gas prices were also pressured by high US gas production and high US nat-gas inventories. More News from Barchart Crude Prices See Continued Support from Geopolitical Risks Crude Prices Fall on Risk-Off and Restarting of Russian Port Think AI Stocks Are Overvalued? Invest in These Data Center Power Trades for the Next Growth Phase. 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 also a bearish factor for prices. Last Wednesday, the EIA raised its forecast for 2025 US nat-gas production by +1.0% to 107.67 bcf/day from September's estimate of 106.60 bcf/day. US nat-gas production is currently near a record high, with active US nat-gas rigs recently posting a 2-year high. US (l Show less Read more
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