UK natural gas prices fell to 170 pence a therm in the third week of January, tracking a global decline in European and US prices, and extending a 3.2% loss from last week. Natural gas prices in the UK are approaching 2-month lows not seen since the beginning of the year, amid slightly above average temperatures, rising LNG flows and higher wind power output.

Historically, UK Natural Gas reached an all time high of 470.83 in December of 2021. UK Natural Gas - data, forecasts, historical chart - was last updated on January of 2022.

UK Natural Gas is expected to trade at 186.66 GBp/Thm by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 145.10 in 12 months time.

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UK Natural Gas

Price Day Month Year
Crude Oil 84.79 -0.4100 -0.48% 17.23% 62.22%
Brent 87.62 -0.7000 -0.79% 16.39% 58.13%
Natural gas 3.95 0.1580 4.16% 2.38% 61.57%
Gasoline 2.44 -0.0222 -0.90% 12.61% 57.42%
Heating Oil 2.69 0.0194 0.73% 17.05% 70.76%
Ethanol 2.18 -0.0050 -0.23% -27.81% 39.74%
Naphtha 771.78 1.06 0.14% 11.93% 54.09%
Propane 1.15 0.004 0.34% 13.47% 33.87%
Uranium 46.00 -0.3000 -0.65% 4.66% 51.32%
Methanol 2,740.00 -6.00 -0.22% 2.93% 13.98%
TTF Gas 79.95 4.75 6.31% -53.75% 272.15%
UK Gas 191.00 11.8700 6.63% -55.82% 217.54%

UK Natural Gas
UK Natural Gas Futures is a national benchmark price. Contracts are for physical delivery through the transfer of rights in respect of Natural Gas at the National Balancing Point (NBP) Virtual Trading Point, operated by National Grid, the transmissions system operator in the UK. Delivery is made equally each day throughout the delivery period. Futures are available for trading in the Intercontinental Exchange Inc. (ICE). Our natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
191.00 179.13 470.83 0.11 2020 - 2022 GBp/Thm Daily