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Friday, November 7, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 5/116/11FROM THE BEGINNING OF THIS YEARNBP SPOT77.30 75.60-1.72.191.45145.3067.83NBP DEC2583.01 82.09-0.920.698.75135.0080.87NBP JAN2684.60 83.72-0.880.4399.36134.3982.53NBP FEB2684.63 83.78-0.850.3498.93132.9482.66NBP MAR2681.49 80.78-0.710.5295.14128.7579.51NBP APR2677.94 77.37-0.570.4187.51112.7176.49NBP MAY2675.81 75.28-0.530.5383.35106.2274.08NBP JUN2675.13 74.68-0.450.4281.55104.4471.89NBP JUL2674.92 74.45-0.470.4781.41104.0172.46NBP AUG2676.04 75.53-0.510.482.22104.4273.26NBP SEP2677.05 76.53-0.520.483.18104.7973.41NBP OCT2678.83 78.01-0.820.0485.02105.0976.00NBP NOV2683.36 82.81-0.55-0.0688.52105.1980.24NBP Q1 2683.54 82.73-0.810.4497.77132.0081.53NBP Q2 2676.29 75.77-0.520.4584.13107.6474.71NBP Q3 2675.99 75.49-0.50.4282.26104.4073.04NBP Q4 2682.42 81.86-0.560.0987.96105.3479.86NBP SUM202676.14 75.63-0.510.4483.19106.0074.01NBP WIN202683.66 83.23-0.430.288.92104.6180.91NBP SUM202770.07 69.77-0.30.0372.8881.8967.41NBP WIN202778.69 78.39-0.3-0.0580.0286.8675.08NBP SUM202864.57 64.28-0.29-0.466.4071.7262.79The NBP spot price fell by 2.2% to 75.60 p/therm on Thursday, weighed downby ample LNG availability after the UK secured a ninth November cargo amidweak Asian demand and increasing global production. On the forward curve,the Summer 2026 delivery contract edged 0.7% lower at 75.63 p/therm, withstorage levels staying healthy, MRS sites at 80% and LNG tanks near 70%,underpinning confidence in supply security.

