EconomyEuropean gas price may rise to $1,200-$1,300 in cold winter — expert
Finam Financial Group analyst Sergey Kaufman says European gas prices could reach $1,200-$1,300 per 1,000 cubic meters if a cold winter coincides with continued conflict in the Middle East. Prices could fall to about $600 if the Strait of Hormuz reopens soon, but low European storage levels are likely to prevent full normalization over the next 12 months.
European gas price may rise to $1,200-$1,300 in cold winter — expert