UK Gas fell to 78.60 GBp/thm on October 27, 2025, down 2.37% from the previous day. Over the past month, UK Gas's price has fallen 6.23%, and is down 26.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on October of 2025.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 81.02 British pence per therm on September 8, 2025, for contracts with delivery in October. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 18.71 billion British pounds in 2024. This figure represents a 40 percent increase from 2021, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sectors remain the largest consumers of natural gas in the UK, using an estimated 42 billion cubic meters in 2024. This was followed by the power sector, which consumed about 13 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.

Natural gas fell to 3.27 USD/MMBtu on October 27, 2025, down 1.00% from the previous day. Over the past month, Natural gas's price has risen 0.12%, and is up 14.24% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on October of 2025.

TTF Gas fell to 31.34 EUR/MWh on October 27, 2025, down 2.10% from the previous day. Over the past month, TTF Gas's price has fallen 3.77%, and is down 26.54% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on October of 2025.

The annual average consumer price index (CPI) of gas in the United Kingdom stood at ******index points in 2024. The year 2015 was the base year and equals 100. Prices drastically increased compared to the previous years.

Real-time natural gas (uk) price data updated every 5 minutes

Since 1995, the overall price of natural gas has increased for households with consumption of less than *** GJ and more than *** GJ. Prices for a consumption of ** GJ to < *** GJ peaked in 2015 at **** euro cents per kilowatt hour. Although prices have seen an overall increase, natural gas consumption has been in decline over the past decade.

The price of gas in the United Kingdom was *** British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to *** pence in the second quarter of 2025 before gradually falling to just under ** pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's cost of living crisis in 2022, approximately ** percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of **** percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching **** percent, and food prices increasing by **** percent at the height of the crisis. Although prices fell to more expected levels by 2024, an uptick in inflation is forecast for 2025, with prices rising by *** percent in the third quarter of the year. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

View yearly updates and historical trends for UK Heren NBP Index Natural Gas Prices (DISCONTINUED). Source: Energy Institute. Track economic data with YCh…

European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable Taxes & Levies: EU excl UK data was reported at 0.091 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.087 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.051 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.102 EUR/kWh in Dec 2022 and a record low of 0.043 EUR/kWh in Dec 2007. European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable Taxes & Levies: EU excl UK data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P003: Eurostat: Natural Gas Price: Household Consumers.

In 2024, natural gas prices for UK businesses with an annual consumption greater than 27,778 megawatt hours stood at 4.49 pence per kilowatt-hour, while for industries with lower annual consumption, prices were 5.64 pence per kilowatt-hour.

About the ProjectKAPSARC is analyzing the shifting dynamics of the global gas markets. Global gas markets have turned upside down during the past five years: North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.Key PointsIn the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded. Prices at benchmark points such as the U.K. National Balancing Point (NBP), U.S. Henry Hub (HH) and Japan/Korea Marker (JKM) slumped due to lower oil prices, liquefied natural gas (LNG) oversupply and unseasonal weather. Yet, the prices of natural gas in local currencies have increased in a number of developing countries in Africa, the Middle East, Latin America, former Soviet Union (FSU) and Asia. North America experienced demand growth while gas in Europe and Asia faced rising competition from cheaper coal, renewables and, in some instances, nuclear. Gains to European demand were mostly weather related while increases in Africa and Latin America were not significant. For LNG, Europe became the market of last resort as Asian consumption declined. Moreover, an anticipated surge in LNG supply, brought on by several new projects, may lead to a confrontation with Russian or other pipeline gas suppliers to Europe. At the same time, Asian buyers are seeking concessions on pricing and flexibility in their long-term contracts. Looking ahead, natural gas has to prove itself a credible and affordable alternative to coal, notably in Asia, if the world is to reach its climate change targets. The future of the gas industry will also depend on oil prices, evolution of Chinese energy demand and impact of COP21 on national energy policies. Current low prices mean there is likely to be a pause in final investment decisions (FIDs) on LNG projects in the coming years.

Gasoline Prices in the United Kingdom increased to 1.82 USD/Liter in September from 1.81 USD/Liter in August of 2025. This dataset provides the latest reported value for - United Kingdom Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Residential consumers of natural gas in the United Kingdom paid an average of 8.8 U.S. dollar cents per kilowatt hour in December 2024. This was roughly one U.S. dollar cent lower than a year previous. The residential and commercial sectors are the largest consumers of natural gas in the UK.

Index Time Series for WisdomTree Natural Gas. The frequency of the observation is daily. Moving average series are also typically included. NA