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Monday, March 23, 2026GAS (p/therm) THUFRIVAR D-1 VAR W-1AVG.MAXMIN 19/320/3FROM THE BEGINNING OF THIS YEARNBP SPOT153.50 149.75-3.7523.7597.70153.5071.25NBP APR26156.64 151.10-5.5423.3190.29156.6464.52NBP MAY26155.97 150.48-5.4924.4188.13155.9763.61NBP JUN26152.35 147.77-4.5825.6385.64152.3562.69NBP JUL26149.80 146.54-3.2627.2883.88149.8062.36NBP AUG26149.65 146.54-3.1126.6783.82149.6562.76NBP SEP26150.15 147.04-3.1127.384.70150.1564.03NBP OCT26149.88 146.46-3.4228.2783.92149.8863.64NBP NOV26152.58 149.16-3.4228.6787.12152.5867.58NBP DEC26154.48 151.46-3.0229.2789.10154.4869.62NBP JAN27153.65 151.46-2.1929.6190.21153.6571.31NBP FEB27151.20 149.70-1.529.2689.51151.2071.23NBP MAR27141.46 139.96-1.528.7183.89141.4667.33NBP Q2 26155.00 149.79-5.2124.4588.02155.0063.67NBP Q3 26149.86 146.70-3.1627.0884.13149.8663.04NBP Q4 26152.31 149.03-3.2828.7486.70152.3166.94NBP Q1 27148.69 146.95-1.7429.1987.81148.6969.91NBP SUM2026152.42 148.24-4.1825.7786.06152.4263.35NBP WIN2026150.52 148.00-2.5228.9687.25150.5268.41NBP SUM2027107.16 105.05-2.1121.0566.90107.1657.74NBP WIN2027105.37 104.04-1.3319.7471.83105.3765.81NBP SUM202871.0672.000.9410.4755.9672.0052.62Milder weather forecasts weighed on the NBP spot contract, which fell by 2.4%to 149.75 p/therm on Friday, with temperatures expected to normalise from nextweek. On the forward curve, the Summer 2026 delivery contract dropped by2.7% to 148.24 p/therm as supply concerns eased amid measures to stabilisethe Strait of Hormuz, alongside possible Strategic Petroleum Reserve (SPR)releases and sanctions relief.