Goldman Sachs Raises US Gas Price Forecast

March 23 (Reuters) - GOLDMAN SACHS:

• RAISES SUM25 NYMEX GAS PRICE FORECAST TO $3.90/MMBTU FROM $3.55 PREVIOUSLY (VERSUS FORWARDS AT $4.30/MMBTU)

• RAISES NOV25-DEC25/CAL2026 PRICE FORECAST TO $4.50/$4.60/MMBTU FROM $3.75/$4.15 PREVIOUSLY(VS FORWARDS AT $4.99/$4.38/MMBTU)

• SEES SEE RISKS TO THEIR 2026 NYMEX GAS PRICE FORECAST AS SKEWED TO THE UPSIDE

• REVISES THEIR FORWARD US GAS BALANCES TIGHTER THROUGH END-2026 BY 0.5 BCF/D ON AVERAGE