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GAS OIL Crude oil prices firmed for the week as investors focused on Russia Ukraine peace talks, which kept geopolitical risks –high, and on this weekend’s OPEC+ meeting for guidance on future supply. A weaker U.S. dollar, holiday-thin liquidity, and technical buying above key support added further upside pressure. Hence, Brent crude rose by 1% for the week, settling at $63.20 a barrel. December 01, 2025 50658095110Q1 26Q226Q3 26Win26Sum27Win27p/thermChange in Gas Prices21.11.2528.11.256262.262.462.662.86363.263.463.621.11.2524.11.2525.11.2526.11.2527.11.2528.11.25$/bblBrent British near-term gas prices moved downwards for the week, as the market remained well-supplied despite short-term weather fluctuations. Strong LNG send-out continued, Norwegian flows stayed steady, and interconnector exports to the Continent supported UK system balance. Overall, fundamentals remain comfortable, keeping prices under pressure despite minor weather-driven risks. As a result, NBP spot tumbled by about 5% for the week, ending at 75.30 p/therm. Along the forward curve, the gas price for Sum-26 delivery fell by around 5% to 67.79 p/therm amid reduced geopolitical risk surrounding Russia Ukraine talks. –