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-0.000250148898153715 0 -0.00119118522930313 -0.000297796307325941 -0.00119118522930313 -0.00124681357951185 -0.00238237045860647 -0.00476474091721274
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Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: CNN
New York — The contracts for near-term US natural gas futures have skyrocketed more than 70% so far this week, according to FactSet data. That leaves natural gas on track for the biggest weekly increase since 1990 and at the highest price since 2022, according to Bloomberg. The explosive move has been driven by meteorologists warning of one of the most extreme winter storms in years . As much of the country soon enters a deep freeze, people cranking up the heat in their homes could deplete some stockpiles of natural gas. Darrell Fletcher, managing director of commodities at Bannockburn Capital Markets, said he's only seen a few moves in natural gas futures like this in his 30 years as a trader. “The next week will be very challenging,” he said. And that challenge is three-fold. The cold not only drives demand up, lower temperatures can disrupt the flow of gas through pipelines and derail production at key natural gas hubs across the country. A perfect storm for high price Show less Read more
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