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NBP price level reflecting nervousness around US-Iran ceasefire extension

A slight recovery in NBP prices was observed on Thursday, despite hopes that the US-Iran ceasefire can be extended via Pakistani mediation. The longer-term effects that...

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Prices resume downward trajectory as US-Iran ceasefire holds

The NBP resumed its downward trajectory on Wednesday, as the US–Iran ceasefire held and the blockade of Iranian ports continued with few reported breaches. While...

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A quieter stream of news reports from the Middle East eases markets

A relatively quiet stream of news reports from the Middle East allowed the NBP to resume its downward trajectory on Tuesday. Market attention remained focused on...

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Market firms up amid developments in the Middle East

The market firmed on Monday as developments in the US-Iran conflict supported risk premiums across global energy markets. Over the weekend, US President Trump...

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Prices ease amid a fragile US-Iran ceasefire.

Gas prices eased at the NBP on Friday amidst a fragile US-Iran ceasefire. The Winter 26 front-season contract closed out the week at around 110p/therm after posting...

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NBP prices firm up around uncertainty around Middle East shipping flows

NBP prices firmed on Thursday as participants reassessed regional supply tightness following continued uncertainty around Middle East shipping flows and limited...

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Reports of Strait of Hormuz reopening sparks strong price swing

Reports that the Strait of Hormuz could reopen as part of a tentative US-Iran ceasefire sparked strong downward swing at the NBP on Wednesday as participants eyed...

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Prices react to the latest news in the Middle East

The market extended the upward momentum seen ahead of the bank holiday, quickly moving through the 130p/therm psychological threshold and settling 8.1p/therm above the...

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Prices remain volatile as war in Iran continues

The NBP curve recovered on Thursday, but market volatility remained elevated as participants continued to price in heightened geopolitical risk linked to the war in...

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Prices continue to ease amid a softer oil market

Gas prices at the NBP continued to retreat on Wednesday, amid a softer oil market and conflicting signals from Washington and Tehran. Early in the session, bearish...

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