June 2025 UK Energy Market Trends: Gas, Power & Oil
✅ At a Glance: What Happened in June?
June was a rollercoaster month for wholesale energy, with geopolitical tensions, heatwaves, and ceasefire headlines all contributing to wild swings — especially in power prices.
- ✅ Gas prices averaged 86.61 p/th – ⬆️ 4.9% from May
- ⚡ Electricity averaged £71.43/MWh – ⬇️ 8.15% from May
- 📉 Power hit extreme lows mid-month due to short-lived demand collapse
- 🔥 Gas markets soared mid-June following Israeli strikes on Iran
- 🛢️ Oil rose then dropped on conflict risk, with Brent peaking near $79
📌 Despite volatility, forward prices trended down overall, improving fixed contract opportunities.
📊 Monthly Recap Snapshot
June 2025 Recap
Average Gas:
86.61 p/th ⬆️
Average Power:
£71.43 /MWh ⬇️
📉 Interpreting the Chart: Key Market Movements

Key Patterns:
- 📈 Mid-June Gas Spike: Prices surged following Israeli strikes on Iran’s infrastructure, raising fears over LNG disruption via the Strait of Hormuz.
- ⚠️ Electricity Volatility: Record lows hit on 23rd & 24th June due to weak demand and strong wind, skewing the monthly average.
- 💡 Late June Softening: Ceasefire announcements and resumed Norwegian flows eased prices lower to close the month.
📊 Price Comparison Table
| Commodity | June 2025 Avg | May 2025 Avg | Change |
|---|---|---|---|
| Gas (p/therm) | 86.61 | 82.60 | ⬆️ +4.9% |
| Power (£/MWh) | 71.43 | 77.78 | ⬇️ -8.15% |
🌍 What Drove the Market?
🔥 Geopolitics:
- Mid-June saw Israeli strikes on Iranian nuclear sites and a brief oil price surge as the U.S. signalled possible intervention.
- A ceasefire was later announced, but markets remained cautious, especially around LNG flows through the Strait of Hormuz.
☀️ Weather & Renewables:
- June was hotter than average, increasing cooling demand but failing to significantly lift prices.
- Strong wind output (especially late June) suppressed power prices — leading to record lows on 23rd & 24th June.
🏭 Supply & Storage:
- Norwegian maintenance disrupted gas flows early in the month but resumed by month-end.
- EU storage continued filling steadily, sitting near seasonal norms.
👉 Want to secure today’s lower rates before further increases?
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🔎 12-Month Market View: Are Prices Falling?

Summary:
- 🧊 Winter 24–25 Prices Dropped: Good for early fixers
- 📈 Gas prices briefly spiked mid-June on conflict risk
- ⚠️ Power volatility remains high — timing is critical for power fixers
💡 What This Means for Your Business
📅 If your contract ends by August
Now’s your chance. Forward prices for Autumn 2025 are down ~20% compared to June’s highs. Lock in early and avoid the next spike.
📆 If you're fixed until 2026 or 2027
It’s worth comparing prices anyway. Winter 2026 has dropped 7–9% this month — consider re-tendering early if you use significant volume.
🧾 For multi-site or heavy energy users
Receive Market UpdatesElectricity volatility makes comparisons harder — send us your data and we’ll map the most stable contract windows.
🔭 Looking Ahead to July
Here’s what we’re watching:
- 🌡️ Will cooling demand remain weak?
- 🇮🇱 Will Israel–Iran ceasefire hold or collapse again?
- 🔁 When will the second round of Norwegian maintenance hit?
- 🧊 Are storage levels on track for winter security?
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🏁 Final Thoughts
June delivered a volatile mix of headlines, drops, spikes, and sudden reversals. But the overall trend is more positive for energy buyers — particularly on long-term fixed deals.
✅ Fixing your rates during calmer spells like this can protect your business from renewed volatility later in the year.
📥 Ready to Review Your Options?
Don’t wait until prices climb again. Get a fresh quote today — no pressure, just clarity.
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