Page 31 - 2025 HEG Daily Energy Market Report
P. 31

UK Gas Months






























                          OIL ($/bbl)
                                           TUE  WED VAR D-1 VAR W-1      AVG.      MAX       MIN
                                           3/3   4/3                    FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    81.40 81.40    0      10.55    67.73     81.40     59.96
                         BRENT DEC26      70.49 70.66   0.17    3.11     64.68     70.66     59.35
                         BRENT DEC27      66.90 67.56   0.66    1.82     64.28     67.56     60.59
                         BRENT DEC28      66.68 67.24   0.56     1.5     65.11     67.24     62.39


                         Reduced  Iranian  drone  and  rocket  activity,  along  with  US  commitments  to
                         insure and protect shipping in the Strait of Hormuz, kept oil markets steady on
                         Wednesday. Hence, Brent crude held at $81.40 per barrel.





                                                      Brent Crude Oil
   26   27   28   29   30   31   32   33   34   35   36