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Fitch Ratings Revises Gas Price Assumptions, Leaves Oil Prices Unchanged

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Fitch Ratings has revised its TTF gas price assumptions for 2024-2025, reflecting year-to-date prices, seasonal and geopolitical factors, and reduced its Henry Hub assumptions for 2025-2026 due to the build-up of storage levels and still strong production. Oil prices and mid-cycle gas price assumptions are unchanged. We have maintained all base-case oil price assumptions. OPEC+’s ...

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