Search results for 'Weekly' (90)
Get the latest UK gas and electricity wholesale prices. Updated daily with power market insights, price trends, and tips to help your business stay ahead.
Gas and power both climbed sharply this week on Middle East tensions and summer heat. Near-term renewals now worth reviewing.
Week 27. Gas up 8.3% to 104.51p but down 9.2% over 30 days; power up 7.2% to £94.37 but down 4.6% over 30 days. Watch for Norwegian maintenance end on 8 July.
Week 26 energy update: gas down 18% in 30 days to 96.52p, power down 10% to £90.16/MWh. Middle East ceasefire and heatwave easing prices. Renew now if you're in next
Week 25: Gas fell 23.3% over 30 days to 96.69p, power down 12.2% to £91.46/MWh. US-Iran peace deal eased geopolitical risk, but Friday's talks delay brought caution
Week 24. Gas up 5.3% in 30 days but fell 6.8% Friday as US–Iran tensions eased and wind improved; power similar. Near-term momentum turning down—watch, don't rush.
Week 23: Gas up 6% in 30 days, power up 10.8%. Middle East tensions and Norwegian strike threat keep prices rising. Get quotes if renewing soon.
Week 22: Gas eased 5.7% on record heatwave and LNG supply gains, but remains 6.1% up over 30 days. Power fell 1.1%, held up by rising carbon. Watch before renewing.
Week 21. Gas up 4.1% on the week to 120.37p as Iran tensions flared, despite a 4.5% Thursday drop. Near-term contracts up 20-28% in 30 days.
Week 20. Gas up 8.1% to 115.60p — a 5-week high driven by cold snap and Middle East tensions. Get quotes if renewing in 2026.
Week 19. Gas fell 4.8% as US-Iran peace talk hopes eased prices — but Hormuz tensions and Qatar outages keep supply tight. Watch closely.
Week 18. Gas up 22.6% to 111.96p as Middle East tensions and Norwegian outages hit supply. Get quotes if renewing in 2026.
Week 17. Gas up 9.7% as Middle East ceasefire collapses — but still 20% below 30 days ago. Get quotes if renewing in 2026.
Week 7. Gas down 11.5% on Trump talks hint — best week of the conflict. But weekend Hormuz reclosure and US vessel seizure reversed the optimism.
Week 6. Ceasefire crashed gas 14% then prices bounced. No LNG through Hormuz. Gas down 9% on the week — then peace talks collapsed over the weekend.
Week 5. May-26 gas down 11% in 30 days — first real drop since the conflict. Power down 13%. Contracts rolled. What it means for your renewal.
Q1 2026: gas doubled and power rose 40% after Operation Epic Fury reshaped global LNG supply. Full quarterly breakdown and Q2 outlook for UK businesses.
Week 4. Gas down 10% — biggest weekly fall since the conflict. Trump's ultimatum spiked gas to 159p then sold off. 10 tankers through Hormuz. What it means for you
Week 3. Kharg Island demolished. South Pars struck. Ras Laffan 17% offline for 3-5 years. Gas up 24% this week, 121% in 30 days. What it means for your contract.
Gas peaked at 135p, crashed 11%, bounced back to 124p. Brent hit $119 then $88 then $105. IEA: largest supply disruption in history. What it means for your contract.
