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High wind helps settle wholesale market

High wind combined with milder weather to reduce gas prices on Friday. Further downside of circa 1.5p/therm (0.05p/kWh) was posted on both the front-month and...

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Nuclear power reactors operational life span extended

Gas prices eased at the NBP on Wednesday, amid bearish carbon and despite a firm demand outlook. The biggest reductions were posted at the front-end, with the January 25...

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Little movement to wholesale prices despite reliance on gas for power

Volatility was relatively low at the NBP on Tuesday, with minimal losses posted across the majority of gas contracts. Prices continued to fluctuate within a narrow range...

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Cold weather increases demand and propels wholesale prices higher

NBP gas prices were propelled higher on Monday, despite steady LNG imports. Moderate upside was observed at the front-end, with the January 25 front-month contract...

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Demand Forecast Increases Pressure on European Gas Storages

Gas prices edged higher at the NBP on Friday as demand forecast increases pressure on already depleted European gas storage levels. Relatively small gains of circa...

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Little price movement as markets assess latest global developments

NBP gas prices fluctuated within a narrow range on Thursday as fundamentals remained broadly unchanged when compared to the previous session. Mixed moves of no more than...

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Easing geopolitical tensions helps reduce wholesale price

Easing geopolitical tensions and recent plentiful LNG supplies helped reduce NBP gas prices on Wednesday. Small, incremental moves were posted at the front-end, with the...

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Wholesale prices remain volatile but struggle to find clear direction

Gas prices struggled to establish a clear direction at the NBP on Tuesday as strong LNG supplies seemingly outpaced lacklustre wind generation. Key contracts continued...

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Wholesale market reacts to low EU gas storage levels

The freezing temperatures and lacklustre wind generation combined with rapidly depleting EU storage levels to propel NBP gas prices higher on Monday. Following a brief...

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Buoyant LNG delivery schedule helps reduce wholesale prices

Gas prices plummeted on Friday, erasing some of the bullish momentum built up across last week as a strong LNG delivery schedule helped ease the pressure. Bearish...

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