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Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
On August 1, 2025, global energy markets experienced significant changes: the price of Brent crude oil rose above $72 per barrel, generating substantial interest among experts and investors. The increase in oil prices is attributed to various factors, including steady demand for hydrocarbons and declining stock levels ...
New Reality for Gazprom: The End of a 60-Year Partnership with the EU
The European gas market is undergoing historic changes: Gazprom faces serious challenges after ending 60 years of cooperation with the EU. A 9-fold reduction in exports, increased competition from American LNG, and Europe's transition to "green energy" have changed the geopolitical and economic ...
U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
... the energy sector, alleviating the consequences of restrictions and preserving trust among partners in the international arena. However, the temporary nature of the authorization means that banks and companies must plan their operations with potential changes in mind.
As an entrepreneur and founder of the
Open Oil Market marketplace
, I view this decision as a signal to uphold the stability of international trade in energy resources, which is crucial for all market participants. This temporary authorization ...
Risks of Gas Supply Disruptions for Europe in Winter
... energy resources in the long term.
As the founder of
Open Oil Market (OOM)
, a platform for wholesale trading of oil products and resources, I deeply understand the importance of a strategic approach to ensuring energy resources in the context of global change. Our goal at OOM is to provide businesses with direct access to suppliers, enhancing transparency and resilience in the energy market. The European experience also highlights the significance of building strategic reserves and effective resource ...
Wednesday, December 11, 2024: Analysis of Key Events and Reports
... strengthening the U.S. dollar and impacting global financial markets.
17:45 (MSK): Canada – Central Bank Interest Rate Decision
The Bank of Canada’s decision on the key interest rate will shed light on the country’s economic outlook and inflation. Changes in the rate or dovish commentary could impact the Canadian dollar and North American markets.
18:30 (MSK): USA – EIA Crude Oil Inventory Report
The U.S. Energy Information Administration’s official report on crude oil and petroleum product ...