Page 2 - Demo

Friday, October 10, 2025GAS (p/therm) WEDTHUVAR D-1 VAR W-1AVG.MAXMIN 8/109/10FROM THE BEGINNING OF THIS YEARNBP SPOT82.95 82.50-0.4514.6792.79145.3067.83NBP NOV2583.64 82.97-0.672.7198.15133.5280.01NBP DEC2585.43 84.79-0.641.56100.34135.0082.79NBP JAN2687.06 86.41-0.651.49100.86134.3984.52NBP FEB2687.28 86.68-0.61.53100.37132.9484.76NBP MAR2683.97 83.38-0.591.3496.54128.7581.61NBP APR2679.93 79.42-0.510.9188.50112.7178.26NBP MAY2676.93 76.9300.6484.14106.2274.74NBP JUN2676.76 76.42-0.341.0482.22104.4471.89NBP JUL2676.27 75.87-0.40.7882.09104.0172.46NBP AUG2677.43 77.05-0.380.882.87104.4273.26NBP SEP2678.83 78.45-0.380.7283.83104.7973.41NBP OCT2679.48 79.09-0.390.4685.74105.0977.53NBP Q1 2686.06 85.45-0.611.4599.22132.0083.59NBP Q2 2677.86 77.58-0.280.8684.95107.6475.00NBP Q3 2677.50 77.11-0.390.7782.92104.4073.04NBP Q4 2684.10 83.71-0.390.6788.57105.3479.86NBP SUM202677.68 77.34-0.340.8183.93106.0074.01NBP WIN202685.53 85.15-0.380.5589.49104.6180.91NBP SUM202772.18 71.90-0.280.4673.1581.8967.41NBP WIN202780.36 80.18-0.180.2780.1686.8675.08NBP SUM202866.85 66.81-0.04-0.0166.5371.7262.79The British spot gas price edged 0.5% lower at 82.50 p/therm on Thursday, asEurope is expected to draw on abundant LNG supplies from the Atlantic basinthis winter, supported by expanding U.S. production and its proximity toEuropean markets. On the forward curve, the Summer 2026 delivery contractdeclined by 0.4% to 77.34 p/therm, with National Gas and NESO projectingample winter supplies and electricity margins at their strongest level in sixyears.