Uncategorised

Gas Market NBP near months gained over 5% on Tuesday as hopes of a peace deal between Russia and Ukraine faded. Despite a two-hour phone call between Trump and Putin late on Monday which ended with the U.S. President calling for an immediate and unconditional 30-day ceasefire and a start to truce talks, Ukraine has […]

Gas Market UK gas prices had a mixed session on Monday. The Day-ahead price rose by 4.30p to 84.00p/th, driven by increased gas-for-power demand due to low wind generation and significant scheduled maintenance at Norwegian gas fields. Along the forward curve, price movements were varied: the front-month June contract edged up by 0.45p to 84.29p/th, […]

Gas Market NBP gas contracts were rangebound on Friday as markets kept a watchful eye on the talks which took place between Russia and Ukraine. Although the discussions did not result in a ceasefire agreement, a possible new round of talks were alluded to. The front month contract reached an intra-day low of 82.87p per […]

Gas Market UK gas prices closed slightly higher on Thursday, despite some intraday volatility. The front-month contract fell to an intra-day low of 82.34p/therm before recovering to settle up 0.75p at 84.48p/therm. Prices were supported by tighter market fundamentals, including reduced Norwegian flows due to unplanned outages at the Karsto facility, as well as geopolitical […]

Gas Market NBP curve contracts opened above their previous close on Wednesday before retreating later in the session in what seemed to be a modest slide across the wider energy complex. Having opened at its high of the day at 85.50p per therm, the front month contract went on to shed 1.39p to close at […]

Gas Market The NBP curve traded within a narrow range on Tuesday, with contracts largely moving sideways. After Monday’s tentative gains—driven by the temporary pause in U.S.-China tariffs—market participants looked to broader geopolitical developments for direction. Gains on the curve were capped The NBP curve traded within a narrow range on Tuesday, with contracts largely […]

Gas Market NBP curve contracts opened above their previous close on Monday morning and maintained their position in positive territory as the session progressed. Prices were supported by the deal reached between the U.S. and China over the weekend that will temporarily slash trade tariffs between the two economic giants. The news pushed U.S. stock […]

Gas Market UK gas prices were negative on Friday as a resumption of Norwegian flows with the restoration of the Kollsnes facility, restoring 43 mcm/day of capacity, helped ease market tightness by providing further support to an already comfortable fundamentals picture. Along the curve, the front month June contract shed 2.11p to settle at 82.69p/therm, […]

Gas Market The NBP near curve edged up on Thursday, buoyed by positive economic indicators and strength across the prompt market. The forthcoming trade talks between China and the U.S. scheduled for over the weekend, as well as news of a trade deal between the U.S. and the United Kingdom lifted the near months by […]

Gas Market Gas prices were mixed on Wednesday as the EU’s proposal to phase out Russian fossil fuels by 2027 tightened the supply outlook, while lingering U.S.-China trade tensions continued to weigh on demand expectations. Market participants are closely watching the outcome of this weekend’s trade talks, though a major breakthrough or full tariff rollback […]