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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 […]

Gas Market  NBP prices traded sideways on Friday with the near months closing a touch below their previous settlements. Movement was muted across the market after U.S. President Donald Trump said he was disappointed with a phone call he had with Russian President Putin, who reinstated his disinterest in stopping Russia’s war against Ukraine. With […]

Gas Market The NBP curve settled with a modest loss on Thursday as the front Winter contract declined by 0.23p per therm to reduce the gain for the last four days to just over a penny.  The sideways movement reflected the market’s fundamentals as demand eased during the day with increased power generated from wind.  […]

Gas Market NBP forward contracts continued to edge up for a second day in a row on Wednesday following the recent downturn. Elevated demand levels forecast for much of July, driven by hot-weather related cooling demand, created expectations that storage withdrawals could be needed over the period, which could in turn could drive up the […]

Gas Market NBP front-month gas broke its recent losing streak on Tuesday, rising by 2.10p to settle at 79.43p/therm. The contract had previously shed 23.09p from its multi-month high of 100.42p/therm on June 19, as fading Middle East risk premiums and a return to market fundamentals pressured prices. The rebound was supported by stronger gas-for-power […]

Gas Market NBP futures chalked up its seventh successive day of declines on Monday as market fundamentals weighed on prices while geopolitical tensions continued to dissipate. The front of the curve saw losses from the get-go on Monday albeit modest and Winter-25 contract found some resistance at the 90.00p per therm mark but finally broke […]