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Thursday, April 16, 2026GAS (p/therm) TUEWEDVAR D-1 VAR W-1AVG.MAXMIN 14/415/4FROM THE BEGINNING OF THIS YEARNBP SPOT108.30 102.90-5.4-11.1103.68153.5071.25NBP MAY26108.75 103.67-5.08-10.5896.83155.9763.61NBP JUN26106.59 101.99-4.6-10.5194.53152.3562.69NBP JUL26104.79 100.37-4.42-10.5392.84149.8062.36NBP AUG26105.06 100.58-4.48-11.1492.91149.6562.76NBP SEP26106.02 101.46-4.56-11.3793.83150.1564.03NBP OCT26105.42 101.36-4.06-11.1893.15149.8863.64NBP NOV26108.82 104.86-3.96-11.3396.43152.5867.58NBP DEC26110.57 106.66-3.91-11.1898.39154.4869.62NBP JAN27110.70 107.26-3.44-11.3299.45153.6571.31NBP FEB27109.71 106.37-3.34-11.1298.63151.2071.23NBP MAR27100.3197.07-3.24-10.5892.12141.4667.33NBP APR2789.3087.16-2.14-7.980.88120.7361.58NBP Q3 26105.28 100.80-4.48-11.0193.19149.8663.04NBP Q4 26108.26 104.29-3.97-11.2395.98152.3166.94NBP Q1 27106.81 103.47-3.34-11.0196.67148.6969.91NBP Q2 2783.0481.49-1.55-6.0774.84110.4758.95NBP WIN2026107.55 103.89-3.66-11.1196.32150.5268.41NBP SUM202781.0279.61-1.41-6.0673.00107.1657.74NBP WIN202781.2080.33-0.87-5.676.67105.3765.81NBP SUM202862.6962.41-0.28-2.6958.5973.0952.62NBP WIN202869.1069.120.02-1.8866.0776.6561.00The NBP spot contract dropped by 5% to 102.90 p/therm on Wednesday afterUS President Donald Trump signalled the possibility of renewed peacenegotiations with Iran later in the week. On the forward curve, the Winter 2026delivery contract dipped by 3.4% to 103.88 p/therm weighed by strongNorwegian supply and mild temperatures, though storage levels in Europeremained a downside risk despite improving injections.