Latest News


Prices edge higher as Strait of Hormuz remains impassable for most vessels

UK gas forward prices edged higher on Thursday, with NBP Winter-26 trading around 117p/therm, up nearly 2% on the day. The primary driver remains the ongoing US-Iran...

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Prices move within narrow range awaiting new geopolitical developments

NBP gas prices moved within a narrow holding pattern on Wednesday as participants awaited new geopolitical developments. On Monday, President Trump dismissed the latest...

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Prices continue to strengthen as peace dialogue between the US and Iran stalls

Market prices continued to strengthen on Tuesday, guided higher by stalling peace dialogue between the US and Iran. Commercial shipping via the vital Strait of Hormuz...

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Prices correct higher amid shaky geopolitical and supply issues

A bullish session at the NBP yesterday as prices corrected higher on shaky geopolitical and supply fundamentals. According to data from ICE, the Winter 26 front-season...

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Reports of skirmishes between US and Iran edges prices higher

Gas prices at the NBP edged higher on Friday amid reports of skirmishes between US and Iranian vessels in the Persian Gulf. These reports reinforced concerns about...

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Price reductions limited by unplanned gas supply outage

NBP gas prices resumed its downward trajectory on Thursday, though downside was limited by a technical correction later in the afternoon, with pricing seemingly catching...

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Prices react to positive reports from the Middle East

A strong downward correction to NBP gas prices was reported on Wednesday following positive talks between US and Iran. The US has announced that it will pause its...

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Prices down amid planned resumption of gas flows from Norway

NBP gas prices continued to trade in a narrow range on Tuesday, opting to correct slightly higher on uncertain supply and geopolitical fundamentals. The US-Iran...

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US-Iran ceasefire teeters on the brink of collapse

NBP gas prices eased on Friday, likely influenced by reports suggesting progress toward a potential peace agreement between the US and Iran. Contracts across the curve...

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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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