Market Update
Gas Market Update: NBP futures surged following reports of Iranian strikes on Qatar’s Ras Laffan LNG facility, but later retreated as the extent of the damage became clear
Gas Market Update: The April contract peaked at 180.00p/th before settling at 156.64p/th, up 17.19p on the day, while the Summer-26 contract reached 169.47p/th and closed at 152.42p/th, up 18.30p
Gas Market Update: The NBP Winter-26 contract discount to Summer-26 narrowed as markets priced in long-term disruption into next winter and beyond as Winter-26 settled at 150.52p/th
Power Market Update: The baseload Summer‑26 contract rose as volatility in gas markets supported power contracts
Power Market Update: The Dec‑26 EUA contract fell €2.54/tonne to settle at €63.60/tonne, due to persistent speculation around possible market‑softening proposals
Oil Market Update: Oil prices pared sharp intraday gains as expectations of potential supply releases offset geopolitical risk following Iranian attacks on energy infrastructure
Oil Market Update: Brent crude settled at $108.65/bbl on Thursday, up $1.27, while the corresponding WTI contract edged down $0.18 to close at $96.14/bbl
Gas Market Update: NBP futures surged following reports of Iranian strikes on Qatar’s Ras Laffan LNG facility, but later retreated as the extent of the damage became clear
Gas Market Update: The April contract peaked at 180.00p/th before settling at 156.64p/th, up 17.19p on the day, while the Summer-26 contract reached 169.47p/th and closed at 152.42p/th, up 18.30p
Gas Market Update: The NBP Winter-26 contract discount to Summer-26 narrowed as markets priced in long-term disruption into next winter and beyond as Winter-26 settled at 150.52p/th
Power Market Update: The baseload Summer‑26 contract rose as volatility in gas markets supported power contracts
Power Market Update: The Dec‑26 EUA contract fell €2.54/tonne to settle at €63.60/tonne, due to persistent speculation around possible market‑softening proposals
Oil Market Update: Oil prices pared sharp intraday gains as expectations of potential supply releases offset geopolitical risk following Iranian attacks on energy infrastructure
Oil Market Update: Brent crude settled at $108.65/bbl on Thursday, up $1.27, while the corresponding WTI contract edged down $0.18 to close at $96.14/bbl
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