Page 20 - Demo
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                                            GAS OIL Oil prices fell amid concerns over slowing global demand linked to U.S.-China trade tensions and optimism about a U.S.-brokered Israel Hamas –ceasefire that eased geopolitical risks.   An oversupplied market, weaker investor sentiment, and a larger-than-expected  3.7-million-barrel  rise  in  U.S.  crude inventories  added  to  the  downward  pressure.  Demand growth remains sluggish, particularly in OECD economies and  China,  while  a  stronger  U.S.  dollar  made  oil  more expensive for foreign buyers.  Overall, Brent fell 3% for the week, closing at $62.73 per barrel. October 13, 2025 50658095110Q1 26Q226Q3 26Win26Sum27Win27p/thermChange in Gas Prices03.10.2510.10.25606162636465666703.10.202506.10.2507.10.2508.10.2509.10.2510.10.25$/bblBrent British  near-term  gas  prices  climbed  for  the  week  amid disruptions  to  Ukraine’s  gas  infrastructure,  predictions  of below-normal temperatures this month and a sharp decline in  renewable  generation  expected  this  week.  As  a  result, NBP spot rallied by 16% for the week, ending at 82 p/therm.  Along the forward curve, the gas price for Sum-26 delivery rose by 0.7% to 76.80 p/therm following reports that Russia had  again  targeted  Ukraine’s  gas  infrastructure,  reducing domestic  output  and  boosting  the  country’s  reliance  on imports.  
                                
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