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Prices rise as geopolitical tensions intensify across the Middle East

The NBP experienced a sharp upward correction on Monday as geopolitical tensions intensified across the Middle East. The market opened firm following news that missiles...

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Weaker demand helps stabilise prices amid ongoing geopolitical issues

The NBP curve eased into Friday’s close as weak demand fundamentals overshadowed geopolitical risks. The latest run of our 14-day model indicates that demand will...

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Tentative peace dialogue between US and Iran helps stablise market

The NBP saw a slight upward correction on Thursday amid news of tentative peace talks between the US and Iran. The US and Iran have reportedly agreed a framework for a...

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Volatile day on the wholesale market amid rapidly unfolding geopolitical developments

Wednesday marked a volatile day at the NBP driven by rapidly unfolding geopolitical developments. Rumours of a draft peace proposal circulated by Iranian state media in...

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NBP prices ease amid strong supply fundamentals

The NBP resumed its downward trajectory on Tuesday, even as the disruption of cargoes via the Strait of Hormuz approached the 3-month mark. Stronger supply fundamentals...

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US-Iran peace talks deadlock creates market uncertainty

Market movement appeared to be driven largely by technicalities on Friday, with the US-Iran deadlock continuing to serve as a major source of underlying price support...

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Market largely unchanged amid uncertain US-Iran peace progress

The market traded in a narrow range at the NBP on Thursday as fundamentals remained largely unchanged. Underlying support stemmed from uncertain US-Iran peace progress,...

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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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