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Bloomberg

Goldman Says Europe May Need €100 Gas to Build Winter Inventory

Monday, August 24, 2026


Goldman Sachs stated that European gas prices would likely need to exceed €100 per megawatt-hour in December for the continent to rebuild sufficient inventory for winter. The forecast assumes current consumption and supply patterns continue through the season. Gas prices and inventory levels are tracked as indicators of Europe's energy security heading into colder months.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-24/goldman-says-europe-may-need-100-gas-to-build-winter-inventory

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