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Prices climb again amid futher issues around security of supply in the Middle East

The NBP reversal seen at the end of last week was proven short-lived by Monday trading, with the Winter 26 contract climbing by circa 7.5p/therm (0.26p/kWh) to close at...

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Market softens at the end of the week but jumps higher again this morning

The NBP rally extended into a fifth session on Thursday, with the front-season successfully breaking through (and holding above) the major psychological level of...

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Geopolitical risks continue to force prices up

The NBP rally extended into a fifth session on Thursday, with the front-season successfully breaking through (and holding above) the major psychological level of...

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NBP prices cool off slightly but geopolitical fundamentals remain largely unchanged

NBP prices cooled off on Thursday in what was likely more of a technical/profit-taking move, with demand and geopolitical fundamentals largely unchanged from the day...

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Prices reach new highs amid persistent concerns around conflict in the Middle East and gas storage levels

The bulls continued to push higher on Wednesday, with Winter 26 prices breaking through strong psychological resistance to close at 182.46p/therm (6.2p/kWh), printing...

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NBP posts biggest intraday gain since the day the US-Iran conflict began

The NBP posted its biggest intraday gains since 19th March, when the outbreak of the US-Iran conflict first sent prices soaring. Driven by the return of active...

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Prices jump up amid renewed attacks in the Middle East

The market softened into the weekly close ahead of the bank holiday weekend, with falling demand serving as primary support at the front-end. Contracts across the curve...

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Market jumps up amid conflicting interpretations to the US-Iran negotiations

The bears were unable to steer market movement for a third consecutive day on Thursday, with the Winter 26 front-season contract rebounding 5.6p/therm (0.19p/kWh) in an...

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Prices react to hopes of Strait of Hormuz re-opening

The NBP softened further on Wednesday amid tentative hopes for a deal between Oman and Iran that could reopen a safe route for shipping via the Strait of Hormuz. With...

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Reports of fresh peace talks helps reduce pressure at the NBP

A late afternoon sell-off on Tuesday erased some of the gains stacked up over the previous seven sessions at the NBP. According to data from ICE, the Winter 26...

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