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Fuel and Energy Complex News - Saturday, August 2, 2025: Brent around $73; gasoline exports from Russia restricted to stabilize prices
... monetary conditions combined with the resolution of trade disputes could support demand for energy resources in the second half of the year.
Gas Market: Record Storage Filling and Relative Price Stability
The European gas market remains in the spotlight. EU countries are accelerating the injection of natural gas into underground storage facilities in preparation for the winter heating season. By the beginning of August, European UGS facilities are over 73% full (compared to ~59% a month earlier), translating ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
We discuss the implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations.
The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy ...
Economy: Experts Predict Gas Price Increase in Europe
... more than 40%, from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET.
He explained that under the current regulatory model, electricity prices in the European Union (EU) depend on the cost of balancing generation, with gas-fired power plants playing a key role in covering sharp spikes in energy demand. As a result, the rising cost of fuel for gas-fired power plants leads to higher electricity prices, the expert clarified....
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia).
The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact ...
Energy Sector News, Monday, August 4, 2025: Brent around $70 amid increased OPEC+ production, EU gas reserves exceed 70%, gasoline export ban in effect
On August 4, 2025, the energy sector witnessed numerous significant events capable of 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 ...