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Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... global demand for coal remains high (especially during heat waves when coal is actively used to cover peak loads), while on the other hand, supply in the market is sufficient, and consumers have accumulated significant reserves. Major exporters such as Australia, Indonesia, Russia, and South Africa maintain stable supplies to the global market. In developed countries, the trend towards reducing hydrocarbon generation continues: environmental restrictions and tax policies make new coal projects less ...
Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... price dynamic reflects a balance: on the one hand, persistent high global demand (especially during hot seasons, when coal is used to meet peak loads), and on the other, sufficient supply in the market and accumulated stocks. Major exporters such as Australia, Indonesia, and South Africa have increased production, and currently, coal supply meets demand without shortages.
Notably, even in the face of high gas prices, European consumers are not rushing back to coal: the introduced charge for CO
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