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Prices rise further as Iran claims that they attacked 7 tankers in Strait of Hormuz

Thursday saw a compounding of Wednesdays gains at theNBP, with Summer 27 breaking above psychological resistance at 170p/therm (5.8p/kWh) and closing an additional...

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Prices reach new highs as Ukraine peace efforts appear to do little

Tuesday’s NBP reversal proved short-lived, with January 27 and Summer 27 gaining 5.5p/therm (0.19p/kWh) and 6.8p/therm (0.23p/kWh) respectively on Wednesday, pushing...

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15 days of consecutive increases ends as NBP catches its breath

The NBP paused to catch its breath on Tuesday, with a swift downward correction ending a fifteen-session bull run. The Summer 27 front-season shed 4.8p/therm...

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Prices rise for fifteenth consecutive day driven by continued global conflicts

Gas prices extended their remarkable rally on Monday, with the Summer 27 front-season contract rising for a fifteenth consecutive session amid supply concerns over the...

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Price maintain upward trajectory printing fresh multi-year highs

The NBP maintained it’s upward trajectory on Friday, printing fresh multi-year highs as attacks on shipping across the Middle East continued to mount. The UK Maritime...

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Prices continue to push higher amid continuing geopolitical instability

The Summer 27 front-season contract continued to push higher on Thursday, in contrast with near-dated contracts such as November 26, which lost ground against the...

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Sharp gains at the NBP as conflict escalates between Yemen’s Houthi rebels and Saudi Arabia

NBP contracts saw sharp gains on Tuesday, with the escalating conflict between Yemen’s Houthi rebels and Saudi Arabia serving as a primary source of support. The...

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Mixed moves at the NBP anchored by geopolitical volatility in the Middle East

NBP contracts closed mixed on Monday, with a softening of near-curve contracts contrasting with small gains posted for some of the further-out seasons. Market sentiment...

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Below average gas storage levels edges prices higher

Gas prices at the NBP edged higher on Friday, posting their third consecutive day of gains. Below-average European storage levels continue to serve as a long-term,...

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NBP prices firm up amid reports of attacks on ships in Strait of Hormuz

NBP curve contracts firmed on Thursday, as reports of tanker attacks in the Persian Gulf eclipsed otherwise improved supply fundamentals. According to the UKMTO and...

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