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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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

Gas Market NBP forward contracts dipped in early trading on Thursday before recovering later in the session, with Nov-25 closing 0.25p higher at 80.26p/therm. The system remains comfortably supplied, supported by EU storage at 82.6% and increased LNG availability, with total European sendout set to rise by 500 GWh/d to 2,400 GWh/d as Dunkerque boosts […]

Gas Market NBP futures continued to soften on Wednesday and stretched the current run of declines to three days. Wholesale gas prices had been rangebound for several weeks, but the near curve has fallen to fresh 18-month lows as storage levels climb closer to 90% of capacity for Europe. Meanwhile robust wind generation coupled with […]

Gas Market NBP curve products extended Monday’s losses on Tuesday, with near months shedding an average of 3.11p per therm day-on-day. Heading into the winter season, supply fundamentals remained stable alongside healthy storage levels, which alleviated risk and fed into the downside. Storage levels currently sit at 82.6%, with further injections expected in the coming […]

Gas Market NBP gas prices eased on Monday as the expiry of Oct-25, Q4-25 and Winter-25 contracts closed lower against a backdrop of stable fundamentals and steady LNG arrivals. European storage remains comfortable at 82.3% heading into October, while three LNG cargoes are scheduled to land in the UK over the coming weeks. With Asian […]