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Low gas storage levels across Europe pressures NBP gas prices

NBP prices held largely steady on Tuesday, maintaining the strength built over recent sessions as rapidly declining European storage took centre stage for market...

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Reduced imports of gas from Norway forces prices up

Reduced volumes from Norway forced natural gas prices up on Monday. Contracts across the curve posted day-on-day gains with the largest moves of the session observed at...

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Market stable amid consistent LNG send-out

NBP gas priceswere relatively stable at the NBP on Friday amid consistent LNG send-out and a sharp drop in renewable generation. A wave of LNG cargoes perhaps weighed on...

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Consistent influx of LNG cargoes helps reduce wholesale prices

A consistent influx of LNG cargoes continued to help reduce prices at the NBP on Thursday. There are currently 10 vessels signalling for UK terminals over the next 2...

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Prices maintain upward trajectory as cold snap bites

Prices maintained an upward trajectory on Wednesday, with the current Europe-wide cold snap serving to tighten the British supply and demand balance. Norway-UK flows...

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Above average demand drives up prices

An upward correction was observed at the NBP on Tuesday as forecasts of above-average demand extend further into January. An unplanned outage at Norway’s Skarv field...

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Prices weaken pressured by a steady stream of LNG cargoes

NBP prices weakened on Monday, pressured by a steady stream of LNG cargoes and strong Norwegian output. The Summer 26 front-season contract fell by nearly 5%, hitting a...

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Prices firm up amid forecast of sub-zero temperatures

Gas prices firmed at the NBP on Friday amid forecasts of sub-zero temperatures and an anticipated spike in system demand. The Crown Gas and Power 14-day model suggests...

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Wholesale bounces up as December LNG deliveries are projected to fall short

The NBP saw a continued upward correction on Thursday as the Summer 26 bears continued to encounter unyielding psychological support below 65p/therm. Market participants...

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Small gains reported amid higher LNG import prices from USA

Small gains recorded on Wednesday as the market eyed higher US LNG export prices. LNG has arisen as a vital source of supply since the Invasion of Ukraine in 2022 and...

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