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Commodities

Commerzbank raises its European gas price forecast to EUR 50/MWh for year-end (prev. EUR 45/MWh)

StockNow breaking-news AI analysis

Commerzbank hiked its gas forecast to EUR 50/MWh due to record-low European storage levels, Middle East-driven supply disruptions, and intense global competition for LNG cargoes ahead of winter.

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