Page 15 - 2025 HEG Daily Energy Market Report
P. 15

UK Gas Months






























                          OIL ($/bbl)
                                          MON   TUE VAR D-1 VAR W-1      AVG.      MAX       MIN
                                           9/3   10/3                   FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    98.96 87.80  -11.16    6.4     69.65     98.96     59.96
                         BRENT DEC26      77.06 74.70  -2.36    4.21     65.50     77.06     59.35
                         BRENT DEC27      71.18 70.44  -0.74    3.54     64.76     71.18     60.59
                         BRENT DEC28      69.99 69.79   -0.2    3.11     65.46     69.99     62.39


                         Oil  prices  slid  sharply  on  Tuesday,  after  Donald  Trump  said  the  Iran  conflict
                         could  end  soon  and  signalled  possible  sanctions  relief.  Additional  pressure
                         came  from  reports  the  G7  is  considering  releasing  strategic  reserves.  Brent
                         crude slumped by 11% to close at $87.80 per barrel.





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