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Stock impact report

Nat-Gas Prices Surge as US Weather Forecasts Turn Colder [Yahoo! Finance]

Baker Hughes Company (BKR) 
Company Research Source: Yahoo! Finance
Feb nat-gas prices surged on Wednesday and settled sharply higher as longer-term US weather forecasts turned colder, potentially boosting heating demand and sparking short covering in nat-gas futures. The Commodity Weather Group said Wednesday that a colder weather forecast is predicted for the Midwest and East Coast for January 17-21. Nat-Gas Prices Sink on Forecasts for Above-Normal US Temps Chevron Stock Just Broke Through Resistance Levels in an Epic Move Higher. Should You Buy CVX Now? Dear SLB Stock Fans, Mark Your Calendars for January 23 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. As a supportive factor for gas prices, the Edison Electric Institute reported on Wednesday that US (lower-48) electricity output in the week ended January 3 rose +6.7% y/y to 82,732 GWh (gigawatt hours), and US electricity output in the 52-week period ending January 3 rose +3.0% y/y t Show less Read more
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