
Feb 13 (Reuters) - GOLDMAN SACHS:
IF RUSSIA GAS FLOWS THROUGH UKRAINE RETURNED TO PRE-WAR LEVELS, THEY WOULD EXPECT SUMMER 2025 TTF 36%-56% BELOW THEIR 50 EUR/MWH BASE CASE
SAYS THEY TAKE NO VIEW ON THE ODDS OF THE ONGOING RUSSIA-UKRAINE CONFLICT ENDING
SAYS THEIR BASE-CASE FOR TTF GAS PRICES FOR 2025/2026 IS 50/36 EUR/MWH
SAYS IN OIL, THEY CURRENTLY ASSUME ONLY SMALL PRODUCTION INCREASES ASSOCIATED WITH OPEC+'S RETURN OF BARRELS TO THE MARKET DURING 2H25
SEES BRENT AVERAGING $78/73 IN 2025/2026