Goldman Says Europe May Need €100 Gas to Build Winter Inventory
Goldman Sachs predicts that European gas prices must exceed €100 per megawatt-hour in December to enable the continent to accumulate sufficient inventory reserves for the winter season. This price level is necessary to incentivize enough gas supply to rebuild storage levels depleted by current demand and prepare for the cold months ahead.
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Goldman Says Europe May Need €100 Gas to Build Winter Inventory
Goldman Sachs predicts that European gas prices must exceed €100 per megawatt-hour in December to enable the continent to accumulate sufficient inventory reserves for the winter season. This price level is necessary to incentivize enough gas supply to rebuild storage levels depleted by current demand and prepare for the cold months ahead.
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