Page 67 - 2025 HEG Daily Energy Market Report
P. 67
UK Gas Months
OIL ($/bbl)
TUE WED VAR D-1 VAR W-1 AVG. MAX MIN
25/11 26/11 FROM THE BEGINNING OF THIS YEAR
BRENT USD/BBL 62.48 63.13 0.65 -0.38 68.84 82.03 60.23
BRENT DEC26 61.49 62.01 0.52 -0.06 65.94 71.56 61.41
BRENT DEC27 62.82 63.18 0.36 0.23 66.21 70.10 62.65
Crude oil prices rebounded on Wednesday, as markets assessed a smaller-
than-expected draw in U.S. inventories, with API data showing a 1.9 million-
barrel decline versus forecasts of 2.4 million. The modest draw reinforced
concerns over soft demand, while tentative progress toward a Russia-Ukraine
peace plan limited upside. Hence, Brent crude rose by 1%, settling at $63.13
per barrel.
Brent Crude Oil
