Kore Energy

Gas Market UK gas prices were mixed on Monday, recovering from their lowest level since May 24 as Winter-25 rose 0.30p to 80.58p/therm, while Summer-25 slipped 0.38p to 69.50p/therm. The market struggled to find direction, with attention turning to U.S.-Ukraine talks and the potential for a trilateral summit involving Trump, Putin, and Zelenskyy. While full […]

Gas Market In anticipation of a positive outcome from the meeting between Trump and Putin in Alaska on Friday, the NBP curve hit lows not seen since April 2024. Although the meeting took place after the gas market had closed, the NBP front month contract was still pulled lower, closing at 76.45p per therm, an […]

Gas Market NBP futures fell on Thursday amid optimism for peace talks ahead of Friday’s summit in Alaska. Hopes were raised that Friday’s meeting between Presidents Trump and Putin could lead to further talks on a ceasefire while also possibly paving the way for a return of Russian gas and oil to the markets. September […]

Gas Market The NBP near curve edged up on Wednesday after comments made by the White House press secretary late on Tuesday dampened expectations that Friday’s meeting between Trump and Putin will result in meaningful progress towards peace in Ukraine. The front month contract traded in a tight range to close at 80.54p per therm, […]

Gas Market NBP curve contracts reversed Monday’s gains on Tuesday, returning to levels in line with Friday’s close, with Winter-25 settling at 87.53p/th. Monday’s strength had been driven by rising European temperatures, which lifted gas-for-power demand amid heavier air conditioning loads. However, forecasts suggested Tuesday would mark the peak of the heatwave, with temperatures expected […]

Gas Market NBP contracts were lifted on Monday due to system restraints and reduced levels of storage injections, with the near months gaining an average of 1.41p day-on-day. A drop in flows into the U.K. from Norway due to a compressor failure at Ormen Lange restricted supply levels via the Langeled pipeline and hampered storage […]

Gas Market UK gas prices fell to their lowest level in almost two weeks on Friday, with the front-month contract down 1.51p at 79.53p/therm, extending weekly losses to 4.35p/therm. The market came under pressure from a well-supplied system, supported by steady Norwegian flows and high wind generation. Prices dropped further late in the session after […]

Gas Market After a low-key start to the day NBP futures did edge lower gradually but not without some fluctuations on the way down on Thursday. Trump’s increased trade tariffs on India were largely shrugged off, but the market also watched for news of a potential meeting with Presidents Putin and Zelenskyy which could lead […]

Gas Market   Donald Trump’s threat to impose secondary tariffs on India and China for purchasing energy from Russia weakened the energy markets on Thursday. In a post Trump said he would introduce an additional 25% trade tariff on India, which would bring the rate to 50% for goods imported from India.  NBP futures had […]

Gas Market NBP gas prices were little changed on Tuesday, with the market remaining rangebound amid stable fundamentals and muted sentiment. The front-month September contract edged up by 0.27p to settle at 84.86p/therm, while further along the curve, the Summer-26 contract slipped by 0.07p to 83.6p/therm. Support for the front month came as Norway’s gas […]