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Tuesday, December 9, 2025GAS (p/therm)FRIMON VAR D-1 VAR W-1AVG.MAXMIN5/128/12FROM THE BEGINNING OF THIS YEARNBP SPOT67.80 66.75-1.05-5.689.90145.3063.10NBP JAN2670.95 70.53-0.42-3.397.45134.3970.03NBP FEB2670.63 69.59-1.04-4.1797.05132.9469.59NBP MAR2667.99 66.88-1.11-3.6793.33128.7566.88NBP APR2665.66 64.56-1.1-3.3686.12112.7164.56NBP MAY2664.95 63.70-1.25-2.8582.18106.2263.70NBP JUN2664.35 63.19-1.16-2.7180.48104.4463.19NBP JUL2664.05 63.06-0.99-2.4580.33104.0163.06NBP AUG2664.41 63.23-1.18-3.2281.14104.4263.23NBP SEP2665.66 64.29-1.37-3.4482.13104.7964.29NBP OCT2666.26 64.92-1.34-3.483.87105.0964.92NBP NOV2670.96 69.62-1.34-3.2687.49105.1969.62NBP DEC2672.66 71.39-1.27-3.689.32105.8071.39NBP Q1 2669.83 68.98-0.85-3.795.91132.0068.98NBP Q2 2664.99 63.82-1.17-2.9782.92107.6463.82NBP Q3 2664.70 63.52-1.18-3.0381.19104.4063.52NBP Q4 2669.95 68.63-1.32-3.4286.89105.3468.63NBP SUM202664.84 63.67-1.17-382.05106.0063.67NBP WIN202671.29 70.02-1.27-3.4787.88104.6170.02NBP SUM202761.26 60.34-0.92-2.1672.2181.8960.34NBP WIN202770.10 69.49-0.61-1.9279.4986.8669.49NBP SUM202858.45 57.97-0.48-1.0465.9371.7257.97The British spot gas price declined by 1.6% to 66.75 p/therm on Monday, aswarm weather persisted and Norwegian pipeline nominations to Europe edgedup week-on-week. On the forward curve, the Summer 2026 delivery contractdipped by 1.8%, settling at 63.67 p/therm, anchored by strong supply despiteearlier volatility.

