Page 119 - 2025 HEG Daily Energy Market Report
P. 119

UK Gas Months






























                          OIL ($/bbl)
                                           FRI  MON VAR D-1 VAR W-1      AVG.      MAX       MIN
                                           30/1  2/2                    FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    70.69 66.30  -4.39    0.71     64.63     70.71     59.96
                         BRENT DEC26      66.02 63.26  -2.76    -0.06    62.60     66.10     59.35
                         BRENT DEC27      65.61 63.42  -2.19    -0.66    63.14     65.61     60.59
                         BRENT DEC28      66.37 64.62  -1.75    -0.8     64.42     66.37     62.39


                         Crude oil prices dropped on Monday as easing U.S.–Iran tensions encouraged
                         traders  to  take  profits  following  recent  gains.  Additionally,  President  Donald
                         Trump announced a trade agreement with India, under which the country would
                         cease importing Russian oil. Hence, Brent crude slumped by 6.2% to $66.30
                         per barrel.




                                                      Brent Crude Oil
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