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OMV Revises 2024 Forecast, Sees Gas Price at EUR 25/MWh

by Krystal

July 31 (Reuters) – OMV AG (OMVV.VI) has updated its forecast for 2024, highlighting several key projections:

The company expects the average realized natural gas price to be around EUR 25 per megawatt-hour (MWh).

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There is a price forecast range of EUR 30-35 per MWh for 2024.

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The utilization rate of European refineries is anticipated to be around 90%, a decrease from the previous forecast of approximately 95%.

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