Latest News



NBP softens with prices trading within a narrow range

The NBP curve softened slightly on Tuesday, with natural gas prices fluctuating within a narrow range. The 120p/therm (3.1p/kWh) level appeared to provide firm...

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Geopolitical tensions continue to drive market conditions

Geopolitical tensions in the Middle East provided the primary catalyst for market movements early on Monday, as news of weekend strikes between Iran and Israel drove...

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Prices jump as Iran launches multiple strikes on Israel targets

With the US-Iran deadlock showing no sign of lifting, the market still maintains a sizeable risk element in forward pricing. Norwegian output continued to strengthen on...

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Good levels of renewable generation helps stabalise prices

The NBP held firm on Thursday, supported by stable supply fundamentals and stalling Middle East peace progress. While UK and Norwegian (beach) flows have increased...

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Prices edge higher supported by geopolitical uncertainty

Natural gas prices at the NBP market inched higher on Wednesday, supported by geopolitical uncertainty and persistently weak LNG send out. Although recent signals...

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Geopolitical pressure keeps Winter 26 contract prices at a high level

Geopolitical risk premium continued to keep the price for the Winter 26 front-season contract at a level (at 121p/therm) which hasn’t dropped below 110p/therm...

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Prices rise as geopolitical tensions intensify across the Middle East

The NBP experienced a sharp upward correction on Monday as geopolitical tensions intensified across the Middle East. The market opened firm following news that missiles...

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Weaker demand helps stabilise prices amid ongoing geopolitical issues

The NBP curve eased into Friday’s close as weak demand fundamentals overshadowed geopolitical risks. The latest run of our 14-day model indicates that demand will...

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Tentative peace dialogue between US and Iran helps stablise market

The NBP saw a slight upward correction on Thursday amid news of tentative peace talks between the US and Iran. The US and Iran have reportedly agreed a framework for a...

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Volatile day on the wholesale market amid rapidly unfolding geopolitical developments

Wednesday marked a volatile day at the NBP driven by rapidly unfolding geopolitical developments. Rumours of a draft peace proposal circulated by Iranian state media in...

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