Page 27 - 2025 HEG Daily Energy Market Report
P. 27
UK Gas Months
OIL ($/bbl)
WED THU VAR D-1 VAR W-1 AVG. MAX MIN
4/3 5/3 FROM THE BEGINNING OF THIS YEAR
BRENT USD/BBL 81.40 85.41 4.01 14.66 68.12 85.41 59.96
BRENT DEC26 70.66 71.93 1.27 4.57 64.85 71.93 59.35
BRENT DEC27 67.56 68.60 1.04 3.32 64.38 68.60 60.59
BRENT DEC28 67.24 68.24 1 3.05 65.18 68.24 62.39
Reports that China’s refineries would suspend fuel exports pushed oil prices
higher on Thursday. Brent crude soared by 5% to $85.41 per barrel, as the US-
Israeli conflict with Iran and the Strait of Hormuz closure added to global supply
concerns.
Brent Crude Oil
