Page 30 - Demo

Wednesday, October 1, 2025GAS (p/therm) MONTUEVAR D-1 VAR W-1AVG.MAXMIN 29/930/9FROM THE BEGINNING OF THIS YEARNBP SPOT79.90 76.00-3.9-493.31145.3075.10NBP NOV2583.82 80.55-3.27-3.8898.72133.5280.55NBP DEC2586.63 83.50-3.13-3.72100.91135.0083.50NBP JAN2688.15 85.23-2.92-3.39101.38134.3985.23NBP FEB2688.25 85.39-2.86-3.26100.88132.9485.39NBP MAR2684.80 82.17-2.63-2.8597.02128.7582.17NBP APR2680.96 78.71-2.25-2.3888.83112.7178.38NBP MAY2678.56 76.50-2.06-2.3384.40106.2274.74NBP JUN2677.82 75.59-2.23-2.382.44104.4471.89NBP JUL2677.06 75.12-1.94-2.1782.32104.0172.46NBP AUG2678.34 76.31-2.03-2.2983.08104.4273.26NBP SEP2679.75 77.81-1.94-2.2184.02104.7973.41NBP OCT2681.25 79.19-2.06-1.9585.98105.0977.53NBP Q1 2687.03 84.23-2.8-3.1699.72132.0084.23NBP Q2 2679.11 76.93-2.18-2.3485.21107.6475.00NBP Q3 2678.37 76.40-1.97-2.2283.13104.4073.04NBP Q4 2685.47 83.42-2.05-1.9188.75105.3479.86NBP SUM202678.74 76.66-2.08-2.2884.17106.0074.01NBP WIN202686.87 84.91-1.96-1.8189.64104.6180.91NBP SUM202772.67 71.33-1.34-1.4473.1981.8967.41NBP WIN202780.92 79.79-1.13-180.1686.8675.08NBP SUM202867.76 66.78-0.98-0.6866.5271.7262.79The NBP spot price slumped by nearly 5% to 76 p/therm on Tuesday, weigheddown by milder 45-day temperature forecasts for Northwest Europe and solidsupply conditions. On the forward curve, the Summer 2026 delivery contractdipped by 2.6% to 76.66 p/therm, with European storage levels near 83% ofcapacity.