... analysts. At the same time, the government has announced a ban on gasoline exports, which could affect domestic fuel prices. Gas reserves are also showing growth, indicating an increase in market supply. These events create a unique situation for participants ... ..., and potential forecasts for the future. Energy Market News – Tuesday, July 29, 2025: Brent Around $70 Amid US-EU Deal, European Gas Stocks Increase, Fuel Export Ban in Russia At the beginning of the week, the global fuel and energy sector is showing ...

... holding steady around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and strong seasonal demand. The European gas market remains relatively calm due to record replenishment of fuel stocks in underground storage ahead of winter.... ... August 1, the OPEC+ alliance has initiated a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve’s decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism....

... while a decline may indicate broader challenges. U.S. Oil Inventories: The EIA’s report on oil inventories impacts oil prices, with high inventories potentially weighing on prices and low inventories supporting the energy sector. Impact on U.S. and European Markets U.S. Market: Investors will closely watch CPI data for signs of inflation, as it impacts Federal Reserve policy decisions. The oil inventory report will also influence energy stocks, a major component of the U.S. economy. European Market: CPI data from the UK and industrial production data from the Eurozone will set the tone for European equities ...

... Strength: Positive economic data from the U.S., including job growth and economic resilience. Revised expectations for Federal Reserve monetary policy, which may keep rates high longer than previously anticipated. Increased demand for safe assets amid global ... ... in the Eurozone, particularly in key countries like Germany and France. Decreased expectations for further rate hikes by the European Central Bank due to easing inflationary pressures. What Should Traders Focus On? Support levels for EUR/USD are around ...

... holding above $72 per barrel, reaching its peak since late June amid ongoing geopolitical risks and strong seasonal demand. The European gas market is relatively calm due to record filling of underground gas storage ahead of winter. Simultaneously, regulators ... ... August 1, the OPEC+ alliance is commencing a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve's decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism....