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Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
... potential restrictions on gasoline exports.
Energy Sector News – Friday, August 1, 2025: Brent Remains Above $72; European Gas Storage at Record Levels
At the beginning of August, the global fuel and energy sector is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent 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 ...
Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
... global politics on the hydrocarbon market.
Energy Sector News – Thursday, July 31, 2025: Brent Surpasses $72; U.S. Federal Reserve Keeps Rates Unchanged
As July comes to a close, the global fuel and energy sector displays moderate growth and signs of stabilization. Oil prices continue to rise, with Brent briefly exceeding the $72 per barrel mark for the first time since late June, driven by persisting geopolitical risks and strong seasonal demand. The European gas market maintains relative stability,...
Gas Supply Risks for Europe This Winter
... global energy markets and reduced Russian pipeline gas supplies, the EU may face serious challenges this winter. This article explores the causes of these risks, the current status of alternative supplies, and the measures that EU countries are taking to stabilize the situation.
Primary Causes of Potential Supply Disruptions
1. Reduced Russian Pipeline Gas Imports
A decrease in Russian gas supplies to Europe remains a major issue in the EU’s energy policy. At the end of 2024, a five-year agreement on ...
The US Fails to Comply with LNG Contracts to Europe Worth Tens of Billions: Implications for Europe's Energy Market
... for access to LNG supplies. The U.S. prefers to serve regions where gas prices are higher, providing suppliers with greater profits.
Consequences for Europe
Energy Crisis and Rising Prices
The shortfalls in LNG from the U.S. undermine Europe's energy stability, leading to higher gas prices and complicating the task for European countries to secure sufficient supplies for winter. European consumers may face increased heating and electricity costs, putting pressure on household budgets and reducing ...
Risks of Gas Supply Disruptions for Europe in Winter
... reduction of Russian gas supplies through pipelines, the EU may face significant challenges this winter. This article examines the reasons for these risks, the current situation regarding alternative supplies, and the measures EU countries are taking to stabilize the situation.
Main Causes of Possible Disruptions
1. Reduction in Imports of Russian Pipeline Gas
The reduction in Russian gas supplies to Europe remains a critical theme in EU energy policy. Additionally, the expiration of a five-year transit ...