Echoes of 2022 Crisis? Goldman Sachs: Low Reserves, European Gas Prices Could Break 100 Euros This Winter!
Goldman Sachs warns that if LNG exports through the Strait of Hormuz remain disrupted, TTF natural gas futures prices could break 100 euros per megawatt-hour by December 2026,…
Goldman Sachs warns that if LNG exports through the Strait of Hormuz remain disrupted, TTF natural gas futures prices could break 100 euros per megawatt-hour by December 2026, doubling the baseline forecast. Current European gas storage levels stand at just 61.68%, well below the seasonal average of 72.5%, with prices already at their highest since 2023.
Original: https://wallstreetcn.com/articles/3780262
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