Test Blogspot 06 Aug

By: Optimisation Desk,

06/08/2025
1 minute read

Prices fell sharply on Thursday, driven by Russia-Ukraine ceasefire talks, removing a key risk premium as the market eyes the return of potential Russian supply. A switch in the weather forecast also saw warmer-than-normal temperatures now expected for late February which will help to limit gas withdrawals. Rumours about a change in policy for European gas summer restocking also encouraged the sell-off with the EU considering a relaxation of the minimum storage levels.

NBP (p/therm)		UK Base (£/MWh)
	Close	Day on Day	Close	Day on Day
Mar-25	124.30	-10.52	102.78	-6.97
Apr-25	123.97	-10.35	100.25	-7.38
May-25	123.18	-10.45	94.30	-6.50
Q2-25	123.35	-10.53	95.63	-7.88
Q3-25	122.24	-10.72	95.75	-6.65
Q4-25	124.64	-9.18	104.75	-3.00
Sum-25	122.79	-10.63	95.38	-6.78
Win-25	124.26	-8.50	103.50	-4.88
Sum-26	94.47	-9.35	74.25	-6.63