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Thursday, March 5, 2026GAS (p/therm) TUEWEDVAR D-1 VAR W-1AVG.MAXMIN 3/34/3FROM THE BEGINNING OF THIS YEARNBP SPOT137.00 125.50-11.552.1587.50137.0071.25NBP APR26140.99 126.88-14.1151.9477.97140.9964.52NBP MAY26135.32 120.27-15.0545.6375.78135.3263.61NBP JUN26127.96 112.31-15.6538.5773.89127.9662.69NBP JUL26121.11 105.52-15.5932.872.62121.1162.36NBP AUG26119.13 103.06-16.0730.1972.64119.1362.76NBP SEP26117.12 102.81-14.3128.6573.67117.1264.03NBP OCT26115.32 100.01-15.3125.973.02115.3263.64NBP NOV26115.82 101.10-14.7222.9776.53115.8267.58NBP DEC26115.42 102.01-13.4121.6578.53115.4269.62NBP JAN27110.77 100.21-10.5618.4380.14110.7771.31NBP FEB27104.5596.95-7.615.479.74104.5571.23NBP MAR2796.0389.85-6.1812.9775.1696.0367.33NBP Q2 26134.76 119.82-14.9445.3875.88134.7663.67NBP Q3 26119.14 103.81-15.3330.5772.97119.1463.04NBP Q4 26115.52 101.04-14.4823.5176.02115.5266.94NBP Q1 27103.7695.63-8.1315.6178.30103.7669.91NBP SUM2026126.91 111.77-15.1437.9374.42126.9163.35NBP WIN2026109.7098.36-11.3419.677.15109.7068.41NBP SUM202773.8370.76-3.078.3261.3573.8357.74NBP WIN202770.5971.5913.7767.7871.5965.81NBP SUM202853.7353.920.190.6454.4258.0052.62Reports that Iranian leaders approached the US to discuss ending the MiddleEast conflict weighed on British gas on Wednesday, sending the spot contractdown 8.4% to 125.50 p/therm. Along the curve, the Summer 2026 deliverycontract slumped by 12% to 111.77 p/therm, pressured further by DonaldTrump’s pledge to secure the Strait of Hormuz and France deploying theCharles de Gaulle aircraft carrier to protect cargoes.