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European Gas Prices May Soar Past €100/MWh This Winter

Guavy AI Editorial Team
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Natural Gas
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Goldman Sachs has expressed concerns that European gas prices may need to rise above €100/MWh this winter if LNG exports from the Persian Gulf remain constrained. The prediction comes as Goldman reiterates its bullish outlook on European natural gas prices for the remainder of the year.

The firm's analysts have been tracking the developments in the Middle East, which they believe will impact global energy markets. According to Goldman, the current fragile ceasefire between the US and Iran may not be enough to alleviate the pressure on LNG exports from the Persian Gulf.

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