Page 107 - 2025 HEG Daily Energy Market Report

UK Gas Months

OIL ($/bbl)
WED THU VAR D-1 VAR W-1 AVG. MAX MIN
4/2 5/2 FROM THE BEGINNING OF THIS YEAR
BRENT USD/BBL 69.46 67.55 -1.91 -3.16 65.03 70.71 59.96
BRENT DEC26 66.02 64.74 -1.28 -1.36 62.89 66.10 59.35
BRENT DEC27 65.40 64.58 -0.82 -0.97 63.33 65.61 60.59
BRENT DEC28 66.08 65.51 -0.57 -0.76 64.56 66.37 62.39

Crude oil prices fell sharply on Thursday after confirmation that the U.S. and
Iran will hold talks on Friday, easing fears of a Middle East supply disruption.
Although disagreements over the agenda remain, the prospect of negotiations
weighed on prices, pushing Brent crude down by 2.8% to $67.55 per barrel.

Brent Crude Oil