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Concerns over winter gas storage levels pushes prices up for a fifth consecutive day

A fifth consecutive day of gains at the NBP on Thursday that was much more significant than the day before. Winter 26 managed to break above another psychological...

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US-Iran tensions keep prices at a very high level

A relatively flat session at the NBP yesterday, with the Winter 26 front-season contract closing a negligible 0.045p/therm above its previous settlement. Intraday...

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Prices increase further amid ongoing supply disruption caused by conflict in the Middle East

NBP curve contracts pushed higher for a third consecutive day, with Winter 26 reaching the highest settlement price of any front-season contract since 4th April 2023...

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Market continues upward trajectory amid mounting geopolitical tensions

The market continued its upward trajectory on Monday, guided higher by mounting geopolitical tensions in the Middle East. The movement followed reports that Donald Trump...

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Prices edge higher as Memorandum of Understanding expiry date looms

The Winter 26 front-season edged higher on Friday, with the prices going up by 10.7% as US-Iran diplomacy stalls and the heatwave ramps up supply concerns. The 60-day...

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Drop in renewable generation pressures already depleted gas storage levels

Volatility settled at the NBP on Thursday, as the Summer 26 front-season contract drifted 1.3p/therm back below a key psychological level to close at 149.15p/therm...

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Prices trade in rangebound fashion amid continued geopolitical uncertainty

The NBP continued to trade in rangebound fashion on Wednesday with the Winter 26 block closing just north of 150p/therm. Market focus remains split between geopolitical...

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Mixed price moves as US appears to be moving towards economic pressure over military intervention

Gas prices weakened slightly on Tuesday, pulling back from the second highest settlement price of the year after encountering firm resistance above 150p/therm. It was a...

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Prices surge as LNG tankers destined for Europe are forced to re-route

NBP curve contracts surged on Monday as a sustained rally pushed the front-season toward strong psychological resistance at 150p/therm. The Winter 26 contract gained...

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Price movement reflects uncertainty around Middle East transit negotiations

Gas prices traded largely flat at the NBP on Friday as market participants evaluated conflicting signals surrounding Middle East transit negotiations. While headlines...

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