BofA Revises Down 2026 European Natural Gas Forecasts to 55 euros/MWh

ReutersMay 13, 2026 1:25 PM

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May 13 (Reuters) - BANK OF AMERICA CORP BAC.N:

SAYS WITH EUROPEAN NATURAL GAS STOCKS AT VERY LOW LEVELS BUT MORE FLEXIBLE EU GOVERNMENT FILL MANDATE, EU TTF PRICES HAVE UNDERPERFORMED OIL
ADJUSTS EU TTF NATURAL GAS FORECASTS DOWN TO 55 EUROS PER MWH FOR 2026 AND 35 EUROS PER MWH FOR 2027
SAYS REDUCED LNG SUPPLIES FROM QATAR HAVE NOT LED TO MAJOR RALLY IN EUROPEAN NATURAL GAS PRICES FEARED TWO MONTHS AGO

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