Oil and Gas Analytics
UK NBP Natural Gas Spot Price (Historical)
Natural Gas prices in the UK are commonly referenced to the UK National Balancing Point (NBP) price. In this model, gas anywhere in the national transmission system within the UK counts as NBP gas which allows simplification of trading as buyers and sellers are united in the same marketplace.
The Gas Spot Price is the current price in a marketplace at which natural gas can be traded for immediate delivery. Gas prices are subject to greater regional and seasonal variation than oil prices due to the more significant transport and storage constraints.