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Latest Market News 11-Aug 2025

Gas and Power

 

Power and gas prices closed at their lowest level of the month on Friday after news emerged that the US and Russia were planning a deal to secure territory in Ukraine, with a summit potentially as early as this week. The absence of new US sanctions, despite Friday being the deadline for Russia to agree to a ceasefire, eased market concerns and fuelled hopes for constructive talks in the days ahead.  
 
 
 
 
 
Adjacent Markets          
Equity markets rose last week, showing resilience despite the implementation of US tariffs. Investors responded positively to a series of key information, including strong corporate earnings results, retail sales data, and a rate cut from the Bank of England. In contrast, oil prices experienced their sharpest weekly decline in over a month, falling by approximately 5% as concerns over potential Russian sanctions eased amid reports of a forthcoming meeting between President Trump and President Putin.  
 
 
 
 
 
  NBP (p/therm)   UK Base (£/MWh)    
  Close Day on Day Close Day on Day  
Sep-25 79.32 -1.87 77.29 -0.86  
Oct-25 80.14 -1.95 74.04 -1.16  
Nov-25 86.80 -1.75 84.98 -0.43  
Q4-25 85.77 -1.83 81.43 -0.87  
Q1-26 89.97 -1.70 84.96 -0.70  
Q2-26 80.31 -1.51 72.63 -0.88  
Win-25 87.86 -1.76 83.11 -0.86  
Sum-26 79.61 -1.44 71.97 -0.63