UK and continental markets rebounded after an early September lull. A short-lived cold spell across Northwest Europe, tighter Norwegian flows, and muted LNG arrivals gave prompt contracts bullish support. On the power side, weak wind early in the week pushed gas plants to the margin, lifting Day-Ahead prices before improved renewable forecasts offered some relief. Storage remains comfortably high overall, though injections are slowing as seasonal maintenance curtails supply flexibility.

UK and continental markets spent the week swinging between bearish storage comfort and bullish supply curtailments. Norwegian flows collapsed to minimal levels before bouncing as maintenance rolled off, while French strike action introduced fresh uncertainty into power fundamentals. Storage sits around three-quarters full, cushioning near-term shocks, but volatility remains acute.

UK and continental curves remain broadly rangebound. Near-term support comes from tighter Norwegian flows and modest UK LNG send-out, while improving wind and soft demand cap the upside. With European storage roughly three-quarters full and injections steady, attention stays on August–September North Sea works and short-run weather.

UK and Continental markets are trading a familiar pattern: prompt gas is steady in the mid-70s p/th as lower wind lifted gas-for-power, while the back of the curve remains range-bound despite firmer carbon. Norwegian supply is broadly healthy but peppered by unplanned cuts and a chunky late-Aug/Sept maintenance slate that is keeping a modest early-winter risk premium.

The headline curves still look calm, but under the surface the market is trading the weather and the maintenance diary. With Norwegian works approaching and French heat lingering, prompts can spike even as the back end stays disciplined. Use the volatility to your advantage: buy the dips for near-term cover and layer Winter-25 with patience.

Natural gas and power markets are trading within tight bands as bearish weather fundamentals and softening demand offset recent geopolitical uncertainty. NBP front-month gas edged higher, but Day-Ahead prices remain under pressure as wind generation returns and gas-for-power demand eases.

UK and continental energy markets have traded with modest firmness heading into July, with NBP front-month gas stabilising around 78p/therm. Power prices have rebounded from sub-£40 levels seen late June, lifted by gas-for-power demand as wind output declined temporarily.

UK and continental energy markets have rebounded significantly this week, with front-month gas surging above 84p/therm. Power prices rose in tandem, with baseload contracts reversing earlier losses as gas-for-power demand increased, despite seasonally mild weather.

UK and European gas markets climbed further into bullish territory this week, as persistent Norwegian outages constrained supply and LNG inflows appeared insufficient to fully compensate. NBP front-month prices surged to 88.50p/therm, while UK baseload Day-Ahead power moved significantly higher to £76.71/MWh, bolstered by low wind forecasts early in the week and cooling demand risks across southern Europe.

UK and continental energy markets ended the week with moderate bearish retracements. NBP Day-Ahead fell to 85.80p/therm as Norwegian volumes returned following extensive planned maintenance at Kollsnes and Troll. UK baseload prices, however, edged higher on Friday as wind generation output dipped again and cooling demand remains uncertain amid continued below-normal temperatures.

UK and European energy markets surged at the start of May as geopolitical policies and tighter supply conditions overrode softer seasonal demand. Natural gas and power prices posted sharp gains, buoyed by unplanned Norwegian outages, colder-than-average temperatures, and the European Commission’s draft legislation to ban Russian gas imports by end-2025. The gas prompt hit 83.5p/therm while UK baseload surged over 60% week-on-week, closing at £83.71/MWh.

After a bearish start to the week driven by above-average temperatures and solid supply fundamentals, UK and European gas and power markets have retraced some losses as geopolitical developments — particularly a US-Ukraine minerals agreement — add back premium to the forward curves.

UK and continental energy markets moved lower over the past week, driven by a mix of steady physical supply, weak Asian LNG demand, and rising European temperatures.

UK gas and power markets climbed this week, reversing early April softness as Norwegian supply constraints, evolving EU storage rules, and deepening global trade tensions reignited risk premiums across the energy complex.

UK and European energy markets entered Q2 with heightened volatility driven by global trade tensions. NBP front-month gas dipped below 90p/therm after reaching intra-day lows not seen since September 2024. Power prices diverged, climbing to £86.40/MWh Day-Ahead, supported by low wind and rising gas-fired generation.

UK and European energy markets opened April on firmer ground, with NBP front-month gas prices rising above 103p/therm and power following gas higher, supported by cooler temperatures, reduced wind output, and supply-side uncertainty. Geopolitical and policy-driven risks remain top of mind. A tentative ceasefire in the Black Sea remains in effect, while former US President Donald Trump’s reintroduction of sweeping global tariffs, including a 10% tariff on UK goods, has triggered broader market volatility.

The UK and European wholesale energy markets continue to trend lower, as geopolitical developments and robust LNG arrivals weigh on sentiment. The announcement of a 30-day ceasefire between the US and Russia, aimed at halting attacks on Ukrainian energy infrastructure, has injected further downside risk into gas prices.

The UK and European wholesale energy markets continue to trend lower, as geopolitical developments and robust LNG arrivals weigh on sentiment. The announcement of a 30-day ceasefire between the US and Russia, aimed at halting attacks on Ukrainian energy infrastructure, has injected further downside risk into gas prices.

UK and European wholesale energy markets surged higher this week, driven by geopolitical tensions and colder weather forecasts. The UK NBP day-ahead gas price jumped 6.55p to 108.25p/therm, as traders reacted to developments in US-Ukraine ceasefire negotiations and the largest Ukrainian drone strike on Russia since the war began.