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GB gas markets ended the week lower The GB gas markets ended the week lower with the prompt responding to forecasts for higher temperatures and increased wind generation which should curb gas demand for the next week or so.  The day ahead product settled below the 100.00p per therm mark for the second time this […]

There were further declines on the GB gas markets on Thursday There were further declines on the GB gas markets on Thursday with both the prompt and near curve relinquishing premium as demand is expected to ease while LNG supplies are topped up.  Temperatures are expected to rise above the seasonal norm next week while […]

Intraday volatility was also much less severe than of late The UK gas market has been relatively stable in the last number of sessions with prices not moving too far from previous settlements.  Intraday volatility was also much less severe than of late as most NBP contracts slipped between gains and losses over the day. […]

 The UK gas market pushed higher yesterday The UK gas market pushed higher yesterday, extending the gains made on the previous session, but yet again it was a day marked by a lack of direction. Contracts for the front month of November traded as high as 310.00p and as low as 280.00, a spread of […]

UK gas futures experienced another volatile session on Monday UK gas futures experienced another volatile session on Monday, with the front month contract displaying a spread of 76.40p between its high and low before eventually settling 1.70p up on the day at 283.34p per therm. Remaining NBP future products posted slight gains as the market […]

UK gas contracts took a turn downwards on Friday UK gas contracts took a turn downwards on Friday, as a healthier supply and demand balance in the near-term pressured contracts from the front of the curve. November the front month contract released 39.98p to settle at 285.04 pence per therm while Summer-23 lost 26.42p to […]

The UK gas market experienced another volatile day The UK gas market experienced another volatile day of trading and though the final settlement prices were only marginally up on the previous session, significant spreads were observed through the day. Prices struggled to maintain direction and early pressure saw the front month of November trade in […]

Significant amount of volatility in the market UK NBP gas contracts reversed direction yesterday and pushed higher after 4 days of retreating. The increase was most focused on the near term with the front month of November experiencing a gain of 36.99p to settle at 315.61p a therm. December saw a similar rise of 37.35p […]

UK gas prices push lower for the fourth consecutive session The recent bearish sentiment in UK gas futures continued during yesterday’s session, as contracts ended the day lower for the fourth consecutive session. However, the downturn in prices was more modest compared to previous session. Contracts for November delivery shed 18.87p to settle at 278.62 […]

Significant risk premiums collapse in near curve contracts UK gas futures continued to sink during yesterday’s session, as significant risk premiums collapse in near curve contracts. November the front month contract settled at 297.49p, its lowest level since June 17th, to add further context the November contract peaked at 788.03p per therm on August 26th, […]