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UK Gas MonthsOIL ($/bbl) FRIMON VAR D-1 VAR W-1AVG.MAXMIN 21/11 24/11FROM THE BEGINNING OF THIS YEARBRENT USD/BBL62.56 63.370.81-0.8368.9082.0360.23BRENT DEC2661.41 62.030.62-0.9865.9871.5661.41BRENT DEC2762.65 63.020.37-0.7366.2470.1062.65Crude oil prices increased on Monday, as markets assessed the potentialimpact of a revised U.S.–Ukraine peace proposal, which could eventuallyenable greater Russian oil flows, boosting supply. However, attention alsoremained on the new U.S. sanctions targeting Rosneft and Lukoil, effectivesince Nov. 21, which restrict major export channels and limit global transactionswith the firms. Hence, Brent crude rose by 1.3%, settling at $63.37 per barrel.Brent Crude Oil

