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European gas prices seen at €80/MWh this year, €40 by end-2027

Verifying
  • Capital Economics forecasts European natural-gas prices will reach 80 euros per megawatt-hour this year.
  • TTF prices currently trade at 73 euros per megawatt-hour.
  • Warmer winter weather could reduce heating demand, while ship attacks could delay Middle East energy shipments.
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