Page 127 - 2025 HEG Daily Energy Market Report
P. 127

UK Gas Months






























                          OIL ($/bbl)
                                           TUE  WED VAR D-1 VAR W-1      AVG.      MAX       MIN
                                           27/1  28/1                   FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    67.57 68.40   0.83    3.16     63.93     68.40     59.96
                         BRENT DEC26      64.31 64.73   0.42    1.56     62.20     64.73     59.35
                         BRENT DEC27      64.48 64.73   0.25    0.91     62.87     64.73     60.59
                         BRENT DEC28      65.49 65.71   0.22    0.64     64.20     65.71     62.39


                         Crude oil prices extended gains on Wednesday after the Federal Reserve kept
                         interest  rates  steady  as  widely  expected,  hovering  near  a  four-month  high.
                         Prices  have  recently  risen  after  extreme  cold  weather  disrupted  production
                         across the U.S., pointing to tighter supplies. Hence, Brent crude rose by 1.2%
                         to $68.40 per barrel.




                                                      Brent Crude Oil
   122   123   124   125   126   127   128   129   130   131   132