UK Natural Gas Futures Fall to 6-Week Low

2026-02-17 18:23 By Agna Gabriel 1 min. read

UK natural gas futures fell below 71 pence per therm, the lowest since January 5, due to unseasonably mild weather and robust supply outlooks.

This downward movement marks a notable shift from the ten-month high of 103.7 pence on January 21, as current data indicates that British gas hubs are benefiting from a steady influx of liquefied natural gas (LNG) cargoes.

Also, natural gas prices in the United States fell to a four-month low on warmer weather, increasing LNG availability for export to Europe and the UK.

Still, the UK remains highly sensitive due to limited storage capacity and heavy reliance on imports.

Domestic storage is around 32.4% full, with Humbly Grove Energy at 10.4%, Storengy UK at 24.3%, and Uniper Energy Storage Ltd at 69.5%.



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