UK NBP Natural Gas Futures

Energy · Monthly series · CM-GWM1.ICEEUR

Latest, October 2026

257.60 GBX (exchange quote)

+40.7% from September 2026

Open interactive chartUK NBP Natural Gas Futures in the app

503.8251.90.0335November 2016October 2027
History through October 2026, the forecast path to October 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for October 2027: 180.11 GBX (exchange quote), with an 80% interval of 48.81 GBX (exchange quote) to 496.53 GBX (exchange quote).

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
November 2026251.96 GBX (exchange quote)160.32 GBX (exchange quote)373.78 GBX (exchange quote)
December 2026227.57 GBX (exchange quote)118.41 GBX (exchange quote)396.35 GBX (exchange quote)
January 2027203.32 GBX (exchange quote)59.28 GBX (exchange quote)449.08 GBX (exchange quote)
February 2027181.37 GBX (exchange quote)84.23 GBX (exchange quote)369.09 GBX (exchange quote)
March 2027167.92 GBX (exchange quote)77.61 GBX (exchange quote)355.31 GBX (exchange quote)
April 2027154.22 GBX (exchange quote)33.81 GBX (exchange quote)429.59 GBX (exchange quote)
May 2027145.22 GBX (exchange quote)0.03 GBX (exchange quote)492.19 GBX (exchange quote)
June 2027143.90 GBX (exchange quote)29.40 GBX (exchange quote)425.80 GBX (exchange quote)
July 2027148.23 GBX (exchange quote)2.48 GBX (exchange quote)503.78 GBX (exchange quote)
August 2027157.92 GBX (exchange quote)46.02 GBX (exchange quote)432.27 GBX (exchange quote)
September 2027171.27 GBX (exchange quote)73.21 GBX (exchange quote)414.62 GBX (exchange quote)
October 2027180.11 GBX (exchange quote)48.81 GBX (exchange quote)496.53 GBX (exchange quote)

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+10%Matches the no-change baseline over 12 tests (12 tests, 8 won)
Direction
64%No clear edge over a coin flip (92 of 144 calls right in 12 tests)
Turning points
8 of 52Anticipated some turns (52 turns in 12 tests, 0 without a turn)
Error vs baseline
10% lowerError ratio 0.90; 1.00 is a tie.
Tests won
8 / 12Complete rolling backtests; ties count as no win.
Test period
2014-11-01 to 2026-10-0112 observations ahead per test.
80% band coverage
87%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare four classes, subject to call budgets and retry limits.

Reading

It is above 95% of the 119 earlier readings since November 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
October 2026257.60 GBX (exchange quote)
September 2026183.08 GBX (exchange quote)
August 2026164.82 GBX (exchange quote)
July 2026144.28 GBX (exchange quote)
June 2026104.45 GBX (exchange quote)
May 2026110.79 GBX (exchange quote)
April 2026112.88 GBX (exchange quote)
March 2026128.10 GBX (exchange quote)
February 202678.57 GBX (exchange quote)
January 202695.20 GBX (exchange quote)
December 202573.81 GBX (exchange quote)
November 202575.29 GBX (exchange quote)
October 202580.87 GBX (exchange quote)
September 202580.55 GBX (exchange quote)
August 202577.83 GBX (exchange quote)
July 202586.84 GBX (exchange quote)
June 202577.33 GBX (exchange quote)
May 202579.62 GBX (exchange quote)
April 202577.93 GBX (exchange quote)
March 202597.76 GBX (exchange quote)
February 2025104.83 GBX (exchange quote)
January 2025130.54 GBX (exchange quote)
December 2024121.96 GBX (exchange quote)
November 2024119.56 GBX (exchange quote)

Source

Data: public market data feeds.

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