... aimed at stabilizing the situation in the domestic fuel market. Below is a detailed overview of key news and trends in the oil, gas, electricity, and raw materials sectors as of this date. Oil Market: Excess Supply and Cautious Demand Pressure Prices Global ... ... eased, leading to an increase in global oil and petroleum product inventories. Slowing Demand Growth: The pace of global oil consumption is decreasing. The International Energy Agency (IEA) has revised its demand growth forecast for 2025 down to around ...

... traditionally more optimistic, estimates demand growth for 2025 at only ~1.3 million barrels per day compared to 2.6 million in 2023. Consumption rates are clearly declining, raising risks of market oversupply. Geopolitical Uncertainty. The US-Russia negotiations ... ... other hand, the very fact of dialogue between leaders instills hopes for gradual lifting of certain restrictions in the oil and gas sector in the future. As a result of these factors, the oil market trends towards surplus, keeping prices under pressure. ...

... competition with Asian buyers for new batches of LNG may intensify if Asian economies strengthen their growth. European regulators and energy companies continue to monitor the situation closely, ready to implement additional measures if necessary – from consumption restrictions to emergency fuel purchases. For now, the balance in the EU gas market appears relatively stable, and prices remain moderate, creating favorable conditions for the region's industry and energy sector on the eve of the heating season. Energy Transition and Traditional Generation: Searching for Balance The global ...

... cubic meters per day (m³/day) in July 2024, of which just over 5% (43 thousand m³/day) came through the GMS "Sudzha." Secondly, the targeted gas savings by EU countries, which have been in place since August 2022 when agreements to reduce gas consumption by 15% compared to the average multi-year level took effect, will play a role. The effect of savings was noticeable this year as well. According to Ember, electricity demand in the EU increased by 9 terawatt-hours (TWh) in the first half ...

... The refilling rates are also record-high: in June, European companies injected around 12.4 billion cubic meters of natural gas, marking the highest monthly volume in the past three years. This was facilitated by a relatively mild winter that limited gas withdrawal, reduced consumption in the economy, and high liquefied natural gas (LNG) supplies—around 12 billion cubic meters in June (primarily from the U.S., Qatar, and other exporters), which is also a record for a summer month. Thanks to high reserves and diversification ...