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GAS OIL Crude oil prices fell for the week, hovering at their lowest levels since October 21 as hopes for progress in Russia-Ukraine peace efforts reduced geopolitical risk premiums. The outlook was further weighed down by mixed U.S. stock data, steady Russian production and a firmer dollar, all of which weakening supply-demand signals. Broader worries about slowing global demand reinforced the bearish mood. As a result, Brent crude plunged by about 3% for the week, closing at $62.56 a barrel. November 24, 2025 50658095110Q1 26Q226Q3 26Win26Sum27Win27p/thermChange in Gas Prices14.11.2521.11.256161.56262.56363.56464.56565.514.11.2517.11.2518.11.2519.11.2520.11.2521.11.25$/bblBrent British near-term gas prices lost ground for the week due to milder weather. Abundant LNG supply and rising Norwegian flows lent further bearish pressure. As a result, NBP spot decreased by over 2% for the week, ending at 79 p/therm. Along the forward curve, the gas price for Sum-26 delivery shed by about 5% for the week , closing at 71.25 p/therm. Geopolitical headlines contributed to a more cautious mood, with reports of U.S.-proposed peace talks in the Russia-Ukraine conflict reducing risk premiums across energy markets.