U.S. natural gas futures rise to seven-week high on demand forecasts
U.S. natural gas futures climbed about 2% to a seven-week high as demand forecasts were lifted. Unseasonably warm temperatures are expected through at least mid-September.
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Why Is Shell Stock Gaining Tuesday?
Shell PLC (NYSE: SHEL ) stock rose Tuesday after the company raised gas production outlook for the second quarter. Raises Production Outlook Shell now expects Integrated Gas production of 610,000 to 650,000 barrels of oil equivalent per day, up from its previous guidance of 580,000 to 640,000 boe/d. The company also sa