... utilization of underground storage reduces the likelihood of sharp price spikes this winter, which is positively received by investors and industrial consumers. At the same time, market participants are closely monitoring the EU's steps towards enhancing ... ... scheduled maintenance work at several oil refineries ( refineries ) in June and July. The situation was further exacerbated by the behavior of certain large producers: as established by the Federal Antimonopoly Service (FAS), some oil companies significantly ...

... quarter of 2025, while Citi analysts anticipate a decline in prices to the low $60s by year-end. The main reasons for the cautious assessments are concerns about the slowdown of the global economy and the gradual increase of oil supply to the market. Investor focus is on OPEC+ policies and the behavior of major importers, which are crucial for market balancing. Expert Comment: “Due to the slowdown in the global economy, the threshold of $70 per barrel will become critical for Brent oil prices in the remaining months of 2025,”—noted Sergey ...