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Goldman Sachs lowered its November/December 2025 US gas price forecast to $4.00/MMBtu from $4.50.
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It cut its September/October 2025 forecast by $0.55 to $3.35/MMBtu.
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Goldman maintained its 2026 US gas price forecast at $4.60/MMBtu, well above forwards at $3.81.
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The bank continues to recommend a long April 2026 US gas position.
Goldman’s revisions reflect softer near-term demand expectations but a constructive medium-term supply-demand outlook
This article was written by Arno V Venter at investinglive.com.