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Thursday, March 26, 2026GAS (p/therm) TUEWEDVAR D-1 VAR W-1AVG.MAXMIN 24/325/3FROM THE BEGINNING OF THIS YEARNBP SPOT131.00 129.75-1.25-5.7598.96153.5071.25NBP APR26136.35 132.77-3.58-6.6892.69156.6464.52NBP MAY26136.41 133.06-3.35-4.8190.64155.9763.61NBP JUN26134.79 131.55-3.24-2.0188.20152.3562.69NBP JUL26132.81 130.23-2.58-0.7986.45149.8062.36NBP AUG26133.75 130.84-2.91-0.4886.41149.6562.76NBP SEP26135.01 132.17-2.840.6487.31150.1564.03NBP OCT26134.24 131.74-2.51.9886.55149.8863.64NBP NOV26137.50 134.95-2.552.8989.75152.5867.58NBP DEC26139.83 137.24-2.593.3891.75154.4869.62NBP JAN27140.68 138.13-2.555.192.85153.6571.31NBP FEB27139.46 136.85-2.616.2892.12151.2071.23NBP MAR27130.49 127.83-2.66786.32141.4667.33NBP Q2 26135.86 132.47-3.39-4.590.51155.0063.67NBP Q3 26133.84 131.07-2.77-0.2286.72149.8663.04NBP Q4 26137.19 134.64-2.552.7589.35152.3166.94NBP Q1 27136.79 134.18-2.616.1290.37148.6969.91NBP SUM2026134.84 131.76-3.08-2.3588.60152.4263.35NBP WIN2026136.99 134.41-2.584.4189.86150.5268.41NBP SUM2027100.7197.31-3.49.4868.64107.1657.74NBP WIN202799.7497.17-2.5710.3573.28105.3765.81NBP SUM202870.1868.15-2.036.7556.6973.0952.62Growing optimism around a potential Middle East peace deal and signs ofdemand softening after recent price spikes led the NBP spot contract to drop1% to 129.75 p/therm on Wednesday. Further out, the Summer 2026 deliverycontract fell by 2.3% to 131.76 p/therm, with de-escalation prospects improvingthe outlook for LNG flows.

