WTI (Jan) $59.67 +72c, Brent (Feb) $63.26 +59c, Diff -$3.59 -13c.

USNG (Jan) $5.06 +6c, UKNG (Jan) 69.80p -2.47p, TTF (Jan) €27.115 -€0.61.

Oil price

Oil is flat today, up on the week ahead of the Fed decision next week and with Aramco cutting prices to Asian customers for next month the market remains tough. 

Jadestone Energy

Jadestone has announced the extension of Dr. Adel Chaouch’s role as Executive Chairman.

Since assuming the Executive Chairman role on 5 December 2024, Dr. Chaouch has successfully delivered several important strategic initiatives, including the recruitment of T. Mitch Little as CEO in June 2025. Mr. Little has assumed full responsibility for the day-to-day leadership of the Company and is having a positive impact on the business. 

The Board believes that extending Dr. Chaouch’s role as Executive Chairman, specifically focused on strategic initiatives to unlock and communicate the Company’s underlying value, will be complementary to Mr. Little’s role as CEO and will maximize shareholder value. Dr. Chaouch’s extended contract as Executive Chairman will expire, and his role will revert to Non-Executive Chairman, no later than 4 December 2026.  

Following my visit to Akatara last month I am confident that Jadestone is in good shape and may indeed be a candidate for the Bucket List in the January update. With a powerful management team all the way through the organisation, particularly on the ground, I hope that with Vietnam will deliver on time and that another Akatara is not far away…

Star Energy

STAR ENERGY GROUP PLC is pleased to announce that Ross Glover (CEO) will provide a live webcast to provide a ‘Post Budget Update’ via the Investor Meet Company platform on 9 December 2025 at 10.30 GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00 a.m. the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Star Energy Group Plc via:

https://www.investormeetcompany.com/star-energy-group-plc/register-investor

Investors who already follow Star Energy Group Plc on the Investor Meet Company platform will automatically be invited.

This might be interesting, certainly if there is a story around Star for next year this will tell us all about it, I shall be on the webcast.

And finally…

Tomorrow in the Prem sees Villa host the Gooners, Chelsea go to the Cherries, the Toffees entertain Forest, a top of the table clash between the Noisy Neighbours and the Black Cats we never thought we would say that, the Magpies host Burnley, Spurs and the Bees have a London derby and old fixture of Leeds v Liverpool is back.

On Sunday the Hammers go to the Seagulls and in another London derby the Eagles visit the Cottagers.

This afternoon sees the draw for next year’s World Cup, all the home nations are in it although those in the playoffs can’t all go through watch at 1700 hrs.

It’s the final F1 Grand Prix of the year and all possible outcomes are still possible. Lando leads Max by 12 points and Piastri by 16 so all he has to do is be on the podium, if not it gets complicated…Quali tomorrow at 1400 hrs and the race is at 1300 hrs GMT on Sunday.

In Rugby Union there is a huge card of really top games in the Champions Cup with a big international feel to it.

In the Ashes, Australia have taken a first innings lead of 44 runs closing the day on 378-6 with England spilling catches all over…RIP Robin ‘The Judge’ Smith who should have played more for England…

And a favourite day of the year in the racing calendar with the Tingle Creek at Sandown Park but also racing at Chepstow, Aintree and Wetherby.