Kore Energy

Gas Market After opening in positive territory, the NBP curve edged down on Friday, with the near months ending the session down 2.2% day-on-day. The front month contract spent some time at sub-80.00p, before closing at 80.14p per therm, down 1.95p day-on-day and 6.0% down week-on-week. A rise in flows into the U.K. via the […]

Gas Market NBP gas prices declined on Thursday, reversing the previous day’s gains as Norwegian supply rebounded. Flows through the Langeled pipeline were revised up by 26 mcm/d following a sharp drop caused by an unplanned outage at Nyhamna. The front-month August contract fell by 1.58p to settle at 82.09p/therm, while the Day-Ahead contract also […]

Gas Market The NBP near curve posted modest gains on Wednesday, retracing a portion of Tuesday’s losses. Front month gains were more pronounced than the rest of the near curve, with the August 25 contract increasing by 1.35p to close at 83.67p per therm. Further heatwaves across the Continent remain a risk and could pull […]

Gas Market NBP gas prices eased on Tuesday, with contracts continuing to trade within the 80–85p/therm range seen since the Iran-Israel ceasefire in late June. The front-month August contract fell by 2.93p to 82.32p/therm as the forward curve remains sensitive to geopolitical developments, with markets closely monitoring U.S. President Trump’s proposed sanctions on Russian. A […]

Gas Market The threat of 30% trade tariffs on EU exports to the U.S. was largely shrugged off by the gas markets on Monday. The NBP curve opened firmer at the start of the week but gains for the front months were pared back to an average of 0.10p by the close.  Reports of higher […]

Gas Market On Friday near NBP futures ticked up by around a penny which was a modest increase for the day but brought average gains for the week to 4.50p per therm. While Europe’s storage levels have recovered to above 62%, there are concerns that reinjecting over the summer to meet targets could inflate prices.  […]

Gas Market UK gas prices moved higher yesterday, with the front-month August contract rising by 2.17p to settle at 84.20p/therm and the Summer 2026 contract gaining 1.3p to close at 85.04p/therm. The gains were driven by ongoing heatwave fears, which are expected to boost demand for cooling and overall energy consumption, as well as the […]

Gas Market NBP curve contracts posted modest gains on Wednesday, with near months averaging increases of 0.37p per therm day-on-day. The news on Tuesday that Donald Trump had officially delayed imposing higher tariffs on U.S. imports until 1st August moderately renewed the economic outlook and continued to support prices. The front month contract posted a […]

Gas Market NBP futures rose during early trading on Tuesday and maintained those gains throughout the session. The market was buoyed by news that the United States will extend its current reduced import tariffs for several countries until August 1st. This extension provided a degree of hope that a deal could be reached with major […]

Gas Market NBP futures settled mixed on Monday but movement on the day was marginal.  The fundamentals have remained unchanged for the past week, and the near curve is less than a half a penny up since Tuesday last.  The front months traded in a tight range as the volatility seen through the middle of […]