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Thursday, November 27, 2025GAS (p/therm) TUEWED VAR D-1 VAR W-1AVG.MAXMIN 25/11 26/11FROM THE BEGINNING OF THIS YEARNBP SPOT77.30 76.00-1.3-5.790.57145.3063.10NBP DEC2576.70 76.53-0.17-4.7597.65135.0076.53NBP JAN2677.86 77.40-0.46-4.998.29134.3977.40NBP FEB2677.34 77.00-0.34-5.3997.89132.9477.00NBP MAR2674.19 73.63-0.56-5.2994.13128.7573.63NBP APR2671.21 70.67-0.54-4.8786.77112.7170.67NBP MAY2669.64 69.03-0.61-4.6482.73106.2269.03NBP JUN2668.67 68.17-0.5-4.7580.99104.4468.17NBP JUL2668.50 67.99-0.51-4.6180.85104.0167.99NBP AUG2669.41 68.88-0.53-4.6781.66104.4268.88NBP SEP2670.70 70.17-0.53-4.6882.64104.7970.17NBP OCT2671.37 70.90-0.47-4.5184.42105.0970.90NBP NOV2675.95 75.47-0.48-4.7388.00105.1975.47NBP Q1 2676.43 75.98-0.45-5.1896.73132.0075.98NBP Q2 2669.84 69.29-0.55-4.7583.49107.6469.29NBP Q3 2669.52 69.00-0.52-4.6581.71104.4069.00NBP Q4 2675.11 74.64-0.47-4.6587.42105.3474.64NBP SUM202669.68 69.14-0.54-4.7182.59106.0069.14NBP WIN202676.45 76.07-0.38-4.6788.40104.6176.07NBP SUM202764.49 64.490-2.9472.5581.8964.49NBP WIN202772.73 72.810.08-3.3679.7886.8672.73NBP SUM202860.00 60.350.35-2.1166.1771.7260.00The British spot gas price fell by 1.7% to 76 p/therm on Wednesday, weighedby forecasts for a mild start to December and ample gas supply across Europe.On the forward curve, the Summer 2026 delivery contract declined by 0.8%,settling at 69.14 p/therm, as geopolitical tensions softened following Zelensky’sspeech to European leaders, in which he broadly backed a US peace proposalwith only minor reservations.