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

UK Gas Months






























                          OIL ($/bbl)
                                           FRI  MON VAR D-1 VAR W-1      AVG.      MAX       MIN
                                          12/12 15/12                   FROM THE BEGINNING OF THIS YEAR
                         BRENT USD/BBL    61.12 60.56  -0.56    -1.93    68.51     82.03     60.23
                         BRENT DEC26      60.66 60.58  -0.08    -1.04    65.71     71.56     60.58
                         BRENT DEC27      61.95 62.18   0.23    -0.41    66.02     70.10     61.95


                         Crude oil prices decreased on Monday, as fears of a global supply glut and a
                         weak demand outlook continued to weigh on sentiment. Analysts warn markets
                         could enter 2026 in surplus, with rising OPEC+ and non-OPEC output meeting
                         sluggish demand growth, especially in China and Europe. Hence, Brent crude
                         fell by nearly 1% to settle at $60.56 per barrel.




                                                      Brent Crude Oil
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