... inventories provide a strong reserve ahead of winter and keep prices at moderate levels. European consumers are feeling relieved compared to last year's concerns: diversification of supply (through LNG from the U.S. and the Middle East instead of Russian pipeline gas) has helped avoid shortages. Unless there is extremely cold weather or new unforeseen events, the current situation allows for expectations of a smooth fall-winter period without sharp price spikes. International Politics: Balancing Negotiations ...

... may lead to a realignment of global oil flows. In Europe, the trend continues towards reducing dependence on Russian energy carriers. Imports of Russian oil and petroleum products into the EU have effectively ceased due to the existing embargo, and pipeline gas supplies have been reduced to minimal amounts. The EU is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace falling volumes....

... $410 per thousand cubic meters, ending several weeks of consistent declines. Although current levels are far from the peaks of 2022, the market remains sensitive to any risk factors. The EU is still forced to compensate for the shortages in Russian pipeline gas with record imports of liquefied natural gas (LNG), competing with Asia for LNG at high prices. It is worth noting that the pace of stock replenishment this summer has already lagged behind last year’s figures (due to the proximity of storage ...

... cubic meters, breaking several weeks of gradual decline. Although current levels are far from the record peaks of 2022, the market remains extremely sensitive to any risk factors. European countries must still compensate for falling volumes of Russian pipeline gas with record imports of liquefied natural gas (LNG), competing for LNG cargoes with Asian buyers at high prices. Notably, the rate of stock replenishment this summer has already been below last year’s levels (as storage is close to maximum ...

... policy based on their economic interests. In Europe , meanwhile, the course to reduce dependence on Russian energy carriers continues. Imports of Russian oil and petroleum products to the EU have been effectively halted by the existing embargo, and pipeline gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts are being signed with alternative suppliers) to replace the volumes ...