... major companies resume projects (for example, Chevron is returning to production in Venezuela, contributing approximately 200,000 barrels/day). An increase in supply, alongside persistent economic risks, is putting a "cooling" effect on oil prices. Macroeconomic Conditions. The global economic environment remains mixed. On one hand, commercial crude oil inventories in the U.S. fell more than expected by the end of July, indicating active consumption and preventing prices from dropping sharply. On the other hand, there are signals ...

... global economy. Energy Sector News, Saturday, July 26, 2025: Brent Approaches $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban The latest review of the fuel and energy complex highlights key events and trends as of July 26, 2025. The global oil market shows cautious price growth — Brent crude oil is nearing $70 per barrel amid optimism in trade negotiations and coordinated actions by producers. European gas storage facilities continue to fill at record rates, reducing risks for the upcoming winter. In the domestic ...

... 2025, are once again in the spotlight for investors and the market. Washington is ramping up sanctions pressure on major buyers of Russian oil—specifically targeting India with new tariffs that intensify geopolitical tensions. Against this backdrop, global oil prices have stopped declining and are demonstrating relative stabilization, as market participants assess OPEC+ actions and the risks of secondary sanctions. Russia maintains a strict ban on the export of petroleum products to support its domestic fuel ...

... ongoing economic risks, exerts a "cooling" effect on oil prices. Macroeconomic Factors. At the end of July, commercial oil inventories in the U.S. fell more than anticipated, reflecting robust consumption and preventing sharp declines in oil prices. At the same time, incoming signals regarding a global economic slowdown are tempering expectations for further tightening in monetary policy. The U.S. Federal Reserve maintained its rate at the July 30 meeting, which, along with sluggish job growth, enhances expectations of a softer policy in the ...

... are attracting the attention of investors and market participants. The United States is intensifying sanctions against buyers of Russian oil, impacting the interests of major oil companies and international trade. Amid this geopolitical tension, global oil prices have decreased, while fuel companies assess production prospects under the OPEC+ agreement. Russia continues to impose restrictions on the export of refined oil products to maintain stability in the domestic fuel market. Meanwhile, Europe is ...