Gas Market With reports of Russian overnight attacks on Ukrainian energy infrastructure the gas markets opened firmer on Thursday. It was one of the most extensive attacks launched by Russia this year targeting Ukraine’s gas production facilities in Kyiv. The front month for the NBP opened just shy of a penny higher but climbed to […]
Kore Energy
On Wednesday NBP curve products shook off much of Tuesday’s gains amid strong Norwegian pipeline flows, healthy LNG supply and stable demand levels.
Gas Market On Wednesday, NBP curve products shook off much of Tuesday’s gains, retreating into negative territory once again. Fundamentals remained largely unchanged amid strong Norwegian pipeline flows and healthy LNG supply, while demand levels were also stable. Having reached an intra-day low of 80.05p, the November 25 contract settled a touch higher at 80.96p […]
Energy markets mixed as Gas prices rises while Brent Crude declines as U.S.–China tensions weigh on sentiment
Gas Market NBP gas prices edged higher on Tuesday, with the front-month November contract rising 1.08p to settle at 82.29p/therm, remaining within the recent 80–85p/therm trading range. Market fundamentals were little changed, with steady Norwegian and LNG supply and limited shifts in demand forecasts. Prompt prices also firmed, as the day-ahead gained 1.25p to close […]
Energy Markets Slip as Strong LNG send out weighs on Gas and Power, Oil Rebounds on Trade Optimism
Gas Market NBP gas prices extended their downward trend on Monday as mild temperatures and strong LNG send-out offset lower wind generation. The front-month November contract fell 2.02p to 80.21p/therm, while Summer-26 settled down 1.43p at 75.37p/therm, its lowest level since April. UK LNG send-out resumed for the first time since September, with nominations exceeding […]
NBP futures eased for a third day on Friday as weak demand coupled with easing geopolitical tensions as a result of the Gaza ceasefire weighed
Gas Market Milder temperatures on Friday curbed gas demand across Northern Europe and weighed on prompt and near curve gas prices. NBP futures opened softer as near months shed around a penny early on, however, some of the losses were reversed through the afternoon session. Reports that Egypt has postponed LNG deliveries due to weaker […]
NBP curve products edged lower on Thursday after the Gaza ceasefire was announced, which eased geopolitical tensions and uncertainty in the region.
Gas Market NBP curve products extended the previous days’ losses on Thursday, with the near months shedding an average of 0.65p per therm day-on-day. An easing of geopolitical tensions in light of the Gaza ceasefire deal as well as stable fundamentals weighed on contracts. National Gas released its 2025 winter outlook yesterday, which suggested winter […]
NBP curve products edged lower on Wednesday as risk related to Qatari LNG export disruptions waned.
Gas Market NBP curve products edged lower on Wednesday on the back of news that previous restrictions on LNG cargoes leaving Qatari ports had been lifted. The restrictions, that were linked to an issue with Qatari GPS systems that disrupted maritime navigation, were resolved to the extent that they would only apply to nighttime navigation. […]
NBP curve contracts traded within a tight range on Tuesday
Gas Market NBP gas contracts consolidated Monday’s gains, with prices moving largely sideways on Tuesday. Trading remained within narrow ranges, with intra-day spreads not exceeding 1.6p across actively traded contracts. The front summer contract, Summer-26, traded between 78.31p/th and 79.26p/th, settling at 78.60p/th. Despite the recent rally and subsequent consolidation, prices remain within 4% of […]
Near futures posted the largest one-day gains in six-months yesterday after Russian attacks which targeted Ukraine’s energy infrastructure
Gas Market The gas markets opened firmer on Monday, and gains increased as the market responded to Russia’s attacks on Ukraine’s energy infrastructure and reports of an extended outage at Troll. Near curve contracts yielded most of last week’s losses in one day after Russia stepped up attacks targeting Ukraine’s gas and power grids over […]
Crude oil prices recovered a touch on Friday, however, Brent was down $4.69 a barrel week-on-week
Gas Market After significant declines earlier in the week, NBP futures edged sideways on Friday leaving the near curve mixed at the end of the day. There was a late surge in prompt prices after fears that Storm Amy could hamper turbine operations and boost gas demand. The Spot added 3.20p per therm on the […]
Archives by Subject: