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Cold temperatures increases demand and forces prices up

A firm demand outlook combined with swiftly depleting European storage to increase NBP gas prices on Wednesday. The March 25 front-month contract opted to rebound on...

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Short term supply issues keep wholesale prices high

Gas prices posted mixed movement at the NBP on Thursday, with the near curve edging higher, contrasting with drops across seasonal contracts. Short term supply issues...

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Drone attacks on Russian infrastructure increases market to new highs

Gas prices at Europe’s three most liquid gas hubs surged on Wednesday amid reports of Ukrainian drone strikes deep within Russia. Sharp gains of circa 7p/therm...

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Gas pipeline supply outages pressures wholesale prices

Reduced Norwegian capacity combined with a firm wider energy complex pressured NBP gas prices on Tuesday. The majority of curve contracts shifted higher, with the...

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Wholesale prices ease as gas supply routes open up

NBP gas prices eased on Monday after news of a potential new transit route and reinforced LNG supply combined to pressure the near-curve. Bearish sentiment was most...

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Gas prices up again amid storage worries

NBP gas prices were up again on Friday supported by uncertainty surrounding storage, geopolitics and fluctuating renewable output. Unplanned British maintenance may have...

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Low renewable generation increases pressure on low gas reserves

Marked volatility persisted at the NBP on Thursday, with a strong open and a short-lived retracement in the afternoon culminating in small gains to gas prices posted...

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Wholesale prices down thanks to good supply outlook

Gas prices continued to go down at the NBP throughout Thursday, with contracts across the near-curve moving circa 1.5p/therm (0.05p/kWh) lower when compared to their...

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Prices ease slightly amid strong supplies from Norway

NBP gas prices eased a little on Wednesday, bucking the upward trend that we have seen since the start of the year. Prices held steady for much of the day, not straying...

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Return to milder weather helps reduce pressure on prices

A return to milder weather along with strong British LNG supply helped to unwind weekly gains to NBP gas prices on Tuesday. Morning trade saw gains to above 120p/therm...

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