Page 51 - 2025 HEG Daily Energy Market Report
P. 51

UK Gas Months






























                          OIL ($/bbl)
                                           TUE  WED VAR D-1 VAR W-1      AVG.      MAX       MIN
                                           24/2  25/2                   FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    70.77 70.85   0.08     0.5     66.61     71.76     59.96
                         BRENT DEC26      67.47 67.55   0.08    1.05     64.08     67.55     59.35
                         BRENT DEC27      65.77 65.74  -0.03     0.6     64.00     65.77     60.59
                         BRENT DEC28      65.90 65.74  -0.16    0.27     64.96     66.37     62.39


                         Crude oil prices were mostly flat on Wednesday, despite U.S. inventories rising
                         by  16  million  barrels,  far  above  the  expected  1.5  million,  after  lower  refinery
                         runs  and  higher  imports,  according  to  the  EIA.  Record  adjustments  of  2.7
                         million  bpd  did  little  to  ease  concerns  over  potential  U.S.-Iran  tensions,  with
                         Brent crude closing at $70.85 per barrel.




                                                      Brent Crude Oil
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