Market Updates
October 8, 2026
Gas Market: UK NBP front-month gas rose 4.98p to 188.57p/therm as colder north-west European weather forecasts lifted expectations for heating demand
Gas Market: Supply concerns also supported prices, with a developing Gulf of Mexico hurricane threatening US oil and gas production and an LNG tanker reportedly struck near the Strait of Hormuz
Gas Market: Ireland’s Budget 2027 postponed a planned carbon tax increase on natural gas
Power Market: GB front-month baseload rose £4.98 to £188.57/MWh alongside stronger gas prices while prompt prices fell amid an increase in wind generation
Power Market: Firmer gas prices and strong global equity markets supported a 1.09% increase in the Dec-26 Carbon EUA
Oil Market: Brent recovered from earlier losses to settle 26c higher at $100.58/bbl, as stronger Middle Eastern exports and expectations of emergency stock releases offset ongoing supply concerns
Oil Market: Houthi attacks on Saudi oil infrastructure and airports kept geopolitical risk elevated
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Contact Us
Call Us
+353 (0)1 808 5555
Email Us
enquiries@kore.ie
Find Us
Open in Google Maps
Kore Energy
Unit 3/4 Ballisk Business Court, Beaverstown, Donabate, Co. Dublin, K36 W285, Irlanda
Mon - Fri - 9:00 - 17:30