# UK gas futures exceed BoE’s July stress path by 27%; Brent averages $108

> The Bank of England reported that UK front-month gas futures averaged 216 pence per therm over the 15 working days to October 27, 27% above its July adverse-scenario assumption for the fourth quarter. Brent crude averaged $108 per barrel over the same period, 5% above its comparable stress-case assumption.

- Date: 2026-11-08 · published 2026-11-09T00:10:27.830Z
- Category: report · region UK · magnitude medium
- Page: https://feedsoft.ai/events/88239-uk-gas-futures-exceed-boe-s-july-stress-path-by-27-brent-averages-108
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

The higher-than-assumed gas and oil averages signal greater energy-cost pressure than the Bank had built into its stress scenario, supporting energy prices and potentially raising costs across feed supply chains.

## Read by commodity

- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2017-11-02 | [Natural gas futures add one percent](https://feedsoft.ai/events/10190-natural-gas-futures-add-one-percent.md) | +13.8% | +12.0% |
| NATGAS | 2021-08-26 | [Natural Gas Futures Prices Surge to Near $4.20 on EIA’s ‘Very Tight’ 29 Bcf Storage Build](https://feedsoft.ai/events/45738-natural-gas-futures-prices-surge-to-near-4-20-on-eia-s-very-tight-29-bcf.md) | +14.4% | +25.1% |
| NATGAS | 2024-09-19 | [Natural Gas Futures Regain Footing as Bulls Win Tug-of-War After EIA Storage Print](https://feedsoft.ai/events/28491-natural-gas-futures-regain-footing-as-bulls-win-tug-of-war-after-eia-storage.md) | +14.4% | -0.4% |
| NATGAS | 2020-09-25 | [US natural gas futures jump on rising LNG exports - Markets - Business Recorder](https://feedsoft.ai/events/51301-us-natural-gas-futures-jump-on-rising-lng-exports-markets-business-recorder.md) | -3.5% | +44.0% |
| NATGAS | 2024-01-11 | [Natural Gas Futures Rise on Big Storage Withdrawal - WSJ](https://feedsoft.ai/events/4188-natural-gas-futures-rise-on-big-storage-withdrawal-wsj.md) | -11.3% | -41.9% |
| BRENT | 2021-07-30 | [Oil Futures Slip Ahead of Expiries After Thursday's Rally](https://feedsoft.ai/events/45973-oil-futures-slip-ahead-of-expiries-after-thursday-s-rally.md) | -5.9% | -7.1% |
| BRENT | 2019-12-10 | [EIA: recent oil prices supported by better economic data, further OPEC cut \| Oil & Gas Journal](https://feedsoft.ai/events/55731-eia-recent-oil-prices-supported-by-better-economic-data-further-opec-cut-oil.md) | +2.1% | +1.6% |
| BRENT | 2026-10-28 | [US crude and distillate inventories fall, gasoline stocks rise, EIA says By Reuters](https://feedsoft.ai/events/271-us-crude-and-distillate-inventories-fall-gasoline-stocks-rise-eia-says-by.md) | -4.7% | — |

## Sources

- fxnews.ai: https://fxnews.ai/news/uk-gas-prices-above-boe-july-adverse-scenario/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.