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UK Gas MonthsOIL ($/bbl) TUEWED VAR D-1 VAR W-1AVG.MAXMIN 7/48/4FROM THE BEGINNING OF THIS YEARBRENT USD/BBL109.27 94.75-14.52-6.4180.45118.3559.96BRENT DEC2681.80 80.17-1.632.0270.3285.8759.35BRENT DEC2775.27 74.96-0.312.4267.8178.2860.59BRENT DEC2872.93 72.960.032.0867.6775.7162.39Oil prices dropped on Wednesday as the U.S.-Iran ceasefire and improvingshipping activity in the Strait of Hormuz reduced risk premiums. The agreement,facilitated in part by Pakistan, eased tensions, though markets remain focusedon whether flows through the strait resume smoothly. As a result, Brent crudeslumped by 13.3% to $94.75 per barrel.Brent Crude Oil
