... fluctuates around $400 per thousand cubic meters , which is approximately in line with similar levels from the previous year. The summer heat in Western Europe is increasing the load on power grids (due to air conditioning), while the need to replenish reserves is also supporting gas demand. Furthermore, pipeline supplies from Russia remain limited: transit through Ukraine has been entirely suspended since the beginning of the year, while volumes along the "Turkish" route remain at moderate levels (~50 million m 3 per ...

On July 28, 2025, in energy sector news: the price of Brent oil remains stable at around $70 per barrel, indicating a soft demand and supply balance in the oil market. Furthermore, Europe is reporting record gas reserves, raising questions about the maneuverability of European energy policy. A significant development includes new restrictions on gasoline exports, which may adversely affect fuel prices in the country. At the same time, there is increasing interest ...

... 12–13 billion m 3 injected in June, the EU has managed to reduce the gap from last year's filling schedule. The target – to reach at least 90% full by the heating season – currently seems achievable. (For comparison, last year on the same date, reserves exceeded 83%, but the gap is gradually narrowing.) Gas prices are being maintained at elevated levels. The basic European TTF index fluctuates around $400 per thousand cubic meters, roughly corresponding to the same period last year. The summer heat in Western Europe is increasing the load on power grids ...

... stabilization as investors assess OPEC+ actions and the risks of secondary sanctions. Russia continues to implement stringent restrictions on the export of petroleum products to support the domestic fuel market. Concurrently, Europe is accelerating its gas reserves ahead of winter, while the global energy sector is witnessing a revival in demand for traditional energy resources, such as coal, amid high prices and the need for reliable energy supply. Below are the details of these and other key news from ...

... electricity, and renewable energy sources. Special attention will be given to the consequences of this gasoline export ban and its effect on both the domestic and international economies. Energy Sector News, Friday, July 25, 2025: Brent Below $70, Record Gas Reserves, Gasoline Export Ban from August This issue of the fuel and energy sector review covers key events and trends as of July 25, 2025. The global oil market shows price stability, with Brent oil continuing to trade below the $70 per barrel mark....