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GAS OIL Crude oil prices gained momentum over the past week, mainly amid worries about potential disruptions from geopolitical tensions. A Ukrainian drone strike hit Russia’s Primorsk terminal, raising supply concerns. Tensions grew as Poland disputed Trump’s claim of an accidental airspace breach and sought extra defense systems, while the EU reaffirmed its 2028 Russian oil and gas phase-out and Japan cut its Russian crude price cap to $47.60 a barrel. Consequently, Brent crude increased by over 2% for the week, settling at $67 a barrel. September 15, 2025 50658095110Q1 26Q2 26Q326Sum26Win26Sum27p/thermChange in Gas Prices05.09.2512.09.25646566676805.09.258.09.2509.09.2510.09.2511.09.2512.09.25$/bblBrentBritish near-term gas prices moved upwards for the week, supported by rising residential demand amid cooler temperatures and increased reliance on gas-fired generation during periods of low wind. Ongoing maintenance has continued to constrain Norwegian gas flows to both the UK and Europe. As a result, NBP spot increased by 2% for the week, trading at 79 p/therm. Along the forward curve, the gas price for Win-25 delivery rose by 1.7% week-on-week, closing at 86.50 p/therm amid worries about potential disruptions from geopolitical tensions.