The Argus European Natural Gas service is renowned for providing a unique perspective and expert insight on the European gas markets.

This daily service features key prices and indexes for Europe’s gas trading hubs, along with information about trading activity and analysis of market dynamics. It also covers UK and Dutch spark spreads.

Key features


Key Prices and exchange data

Daily European gas prices, including UK and European benchmark prices.


Market analysis

Insightful European gas news and analysis.


Spark spreads

European spark spreads calculated for various thermal efficiencies.

Weather data

European weather forecasts.


Robust, transparent methodology developed in consultation with the market.

Fundamental data access

Powered by Argus FUNDALYTICS®

Customers that benefit

The Argus European Natural Gas service is a crucial tool for those operating within the European gas market. Below are examples of how some clients use this service:
  • Gas producers, midstream distributors and traders

    Use Argus prices as an independent reference in financial agreements for fuel or power supply.

  • Traders and risk managers

    Use Argus prices for mark-to-market and volume-at-risk calculations, while Argus’ analysis informs their trading decisions.
  • Exploration and production firms and utilities

    Use Argus prices and analysis to inform long-term investment and asset optimisation decisions.

  • Banks

    Use Argus data and insights to value deals and construct sensible financial products.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.