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NBP gas prices retrace but markets nervous as Iran conflict crosses 2 month mark

NBP gas prices retraced on Thursday as markets continued to assess a string of agitational comments from high-ranking Iranian and US officials regarding the conflict,...

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Prices react to latest update from Iranian officials

It was a day of two halves at the NBP on Wednesday, with the morning trade seeing contracts moving in the same narrow range established over the past few sessions, but...

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Prices down slightly amid a largely unchanged geopolitical outlook

NBP gas prices continued to soften on Tuesday- though downside was limited. The price reduction was not so much not tied to news developments, with contracts instead...

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Market moves to a steadier footing amid similar geopolitical backdrop

After 5 consecutive days of increases at the NBP, the market moved into the week on a steadier footing amid a similar geopolitical backdrop. Formal talks between the...

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NBP prices maintain upward trend with US-Iran peace talks apparently stalled

The sustained upward trend at the NBP continued on Friday, with prices gradually firming across each day of last week. Geopolitical risk remains centred on the Strait...

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Prices up again triggered by ongoing events in the Middle East

Gas prices resumed their upward trajectory at the NBP on Thursday, rising for a fourth consecutive session. The ongoing US–Iran conflict remains the primary source of...

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Prices rise again amid reports of attacks on commercial shipping in the Strait of Hormuz

Thursday marked a third consecutive day of gains at the NBP , fuelled by continued uncertainty over a potential resolution to the US–Iran conflict and reports of...

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Mixed market movement as US announces ceasefire has been extended

Gas prices edged higher on Tuesday as the US-Iran ceasefire deadline loomed without much evidence that a lasting peace agreement was going to be agreed. Overnight,...

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Prices react to reports Iran had again closed the Strait of Hormuz

The NBPs curve firmed on Monday after reports that Iran had again closed the Strait of Hormuz. On Sunday, US Central Command stated on X that it had seized an...

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Prices ease following brief reopening of the Strait of Hormuz

Gas prices eased at the NBP on Friday following a brief reopening of the Strait of Hormuz. Contracts across the curve moved lower, with the sharpest declines observed at...

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