... influencing the future for both fuel producers and consumers. Key energy sector news includes changes in Brent crude oil prices, the status of gas reserves in the EU, and the introduction of an export ban on gasoline in Russia. According to the latest data, Brent prices continue to fluctuate due to the unstable situation on the international stage, while Europe faces growing energy resource demands. Discover how these factors are reshaping the fuel market and how the electricity sector in Russia will evolve. We ...

... declines, oil prices found a local balance. Brent futures, having previously dropped this summer to around $58 per barrel (the lowest level since the beginning of the year), have stabilized this week in the range of averaging $60 per barrel. On Friday, Brent prices rose after six consecutive sessions of decline, signaling the end of the short-term downtrend. The oil market appears to have digested the negative news backdrop: despite the sanctions risks surrounding Russian oil and demand volatility, no supply ...

... new price ceiling changes nothing," the interviewee noted. Agreeing with a colleague, Sergey Tereshkin, General Director of Open Oil Market, pointed out that recent months have clearly demonstrated that the oil ceiling is only adhered to when Brent prices fall. "The average price of Urals fell below $60 per barrel only after the market began to 'factor in' the risks of a global economic slowdown due to trade wars. Thus, for the price of Urals to drop below $50 per barrel, the price of Brent ...

... (JMMC) meeting on July 28; while the committee lacks the authority to change production quotas, its recommendations and signals could influence short-term price dynamics. Consequently, the oil market enters a new week in a state of relative equilibrium. Brent prices remain at the upper end of the recent months' range, although they remain sensitive to any news about economic risks or changes in OPEC+ policy. Gas Market: Record Storage Levels Reduce Risk of Winter Price Spikes The European natural gas market ...

... a sharp drop in prices. At the same time, expectations of monetary policy easing in major economies fuel investor interest in commodity assets, including oil. As a result, by the end of the week, the oil market is in a state of relative equilibrium. Brent prices have settled in the upper range of recent months, although they remain sensitive to any news regarding economic risks or changes in OPEC+ policy. Gas Market: Record Storage Levels Reduce Price Risks The European natural gas market continues to ...