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 A volatile session saw the UK NBP market remain flat for the September A volatile session saw the UK NBP market remain flat for the September and Winter 2022 contracts while extending moderate gains elsewhere on the curve. UK demand for gas settled at 46 MCM yesterday, above the seasonal normal and boosting NBP prompt […]

UK gas futures closed higher for the second consecutive session UK gas futures closed higher for the second consecutive session on Tuesday, despite a late selloff. September the front month hit an intraday high of 508.00p before falling back to settle at 442.34 pence per therm, up 19.59p from the previous session. Contracts for the […]

 Six LNG deliveries are expected to berth at UK terminals by month end Following a slight decline on Friday, a late surge saw the UK gas market post extensive gains right across the curve yesterday. Gains of roughly 6.50% were observed for the remainder of the year with the front month of September rising by […]

 After a bullish week for UK natural gas futures, the NBP curve eased After a bullish week for UK natural gas futures, the NBP curve eased on Friday.  Seasonal contracts had posted record high after record high earlier in the week but were down by around 10.00p early on Friday.  However, the supply concerns have […]

Supply concerns fed into NBP far curve contracts UK gas future prices continued to build in risk premium yesterday, particularly in the early hours of trading, before eroding slight from the front. September hit an intraday high of 422.05 pence per therm before scaling back to close at 401.65p up 11.83 pence from the previous […]

UK gas prompt prices moved in the opposite direction NBP futures edged higher once again yesterday, as the market remains extremely sensitive to further supply disruptions. Contracts for gas delivery in the remaining months of 2022 took the main brunt of the upward momentum, with September the front month gaining 32.58p to settle at 389.82 […]

Early losses to near NBP futures were reversed later The early losses to near NBP futures were reversed later in the session yesterday as the market changed tack on supply concerns. September had traded down by over 14.00p but settled at 357.24, 2.10p higher.  Contracts further along the curve notably the summer 2023 and winter […]

The UK gas market extended losses for the remainder of 2022 For the third session in a row, the UK gas market extended losses for the remainder of 2022 yesterday. Contracts for these periods fell by an average of 3.48% with contracts for a September delivery dropping 18.49p to settle at 355.14p a therm. In […]

Volatile session on Friday saw the UK NBP market continue to shed some of the premium A volatile session on Friday saw the UK NBP market continue to shed some of the premium for the remainder of 2022 and further out, to extend the recent gains. Contracts for a September delivery fell by 5.54p to […]

 September the front month claimed the largest increase Despite the downturn in UK gas future prices during the opening hours of trading yesterday, contracts bounced back to end the day higher as supply concerns continued to linger. September the front month claimed the largest increase, settled at 379.17 pence per therm up 8.97p from the […]