On July 26, 2025, the energy sector is experiencing intriguing developments. The price of Brent oil remains stable, contributing to market calm. However, record gas supplies in Europe raise questions about future demand. Additionally, Russia is implementing restrictions on gasoline exports, casting doubt on the global availability of this vital resource. How are these events affecting the fuel market and the energy ...

... reflecting a balance between supply and demand. European importers continue to actively purchase liquefied natural gas (LNG). In July 2025, LNG imports to Europe reached 11.3 billion cubic meters, a 37% increase compared to the previous year—additional LNG supplies speed up the filling of storage facilities. Meanwhile, across the Atlantic, gas prices remain significantly lower: in the US, prices hover around $2.8 per million BTUs (approximately $100 per thousand cubic meters) due to record production and ...

... demand increase, and their task now is to prevent a new oil surplus in the market by smoothly adapting to changing conditions. Russia Prolongs Restrictions on Fuel Exports The Russian refined oil product market continues to operate under limited export supplies. The Russian government previously imposed a temporary ban on gasoline exports for all categories of suppliers, including major oil refineries (refineries), until August 31, 2025. This measure aims to maintain stability in the domestic fuel ...

... injection is also at record levels: in June alone, European companies injected around 12.4 billion cubic meters, the highest monthly volume in the past three years. This has been aided by a mild winter, decreased demand, and high liquefied natural gas (LNG) supplies—around 12 billion cubic meters in June, mainly from the U.S., Qatar, and other exporters—which is also a record for summer months. Thanks to high supplies and diversified sources, gas prices in Europe have remained relatively stable during ...

... steady inflow of liquefied natural gas (LNG) from the U.S., Qatar, and several other exporters ensure relative price stability for gas in Europe: current exchange prices remain significantly below peak levels of 2022-2023. The energy geography of gas supplies to Europe has changed significantly over the past year. Key shifts in routes and sources include: Stopped transit through Ukraine: Since January 2025, supplies of Russian pipeline gas through the Ukrainian GTS have been completely halted following ...