May. 8 at 6:31 PM
$VG "Analysts at BofA expect TTF prices to average around €50/MWh for 2026, contingent on the conflict lasting only 5–6 weeks, but warned that a longer outage could still cause severe shortages later in the year"
We're at €43/MWh today.
What we've had is a longer and longer and longer outage each week Trump gaslighting markets, saying any day is going to be the end of the outage and keeping prices relatively contained. I suspect that his manipulation has caused demand delay but also there's been some reduction in demand for various reasons. Will be looking for some color on this from VG CEO on conference call.