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Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports
... complex highlights key events and trends as of
August 5, 2025
. The global oil market enters Tuesday in a state of relative equilibrium, albeit under some pressure: Brent crude is hovering around
$69
per barrel after a recent price decline due to OPEC+’s decision to increase production and signs of weakening demand.
European gas storage
facilities continue to fill rapidly, now surpassing 71% of total capacity, mitigating fuel shortage risks ahead of the upcoming winter. In the domestic
fuel ...
Following the Saudis: Iran Joins Efforts to Save the Oil Market
... below $70, says Sergey Tereshkin (Prime news agency).
Against the backdrop of instability in the global oil market, Iran has joined Saudi Arabia's initiatives aimed at supporting prices. The article examines Iran's key measures, the response of other OPEC+ countries, and the potential market consequences. How will these actions affect the supply-demand balance and oil prices? Read the full analysis in our review.
MOSCOW, October 30 - PRIME. A reduction in oil exports from Iran amid the risk of escalating ...
Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban
..., the summer vacation season is driving increased gasoline and jet fuel consumption in the U.S. and China. Major producers forecast that global oil consumption will rise by approximately 1.2 to 1.3 million barrels per day in the second half of 2025.
OPEC+ Supply.
The
OPEC+
alliance is gradually increasing production after a period of restrictions. In June, production in Russia reached approximately 9.19 million barrels/day, exceeding the established quota (9.05 million) by about 140,000 barrels....
Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.
Sergey Tereshkin's column for the VGUDOK publication.
The article discusses the impact of the OPEC+ deal on the transportation of oil and petroleum products via Russian Railways (RZD) networks. In the first half of 2024, cargo volumes decreased by 1.1% to 104.4 million tons, which is attributed to the reduction in oil production in Russia under ...
Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization
... travel season also contribute to increased gasoline and jet fuel consumption in the U.S. and China. Major producers forecast additional growth in global oil consumption for the second half of the year of approximately 1.2–1.3 million barrels per day.
OPEC+ Supply.
The OPEC+ alliance is gradually increasing production after a period of constraints. In June, production in Russia reached ~9.19 million barrels per day, exceeding the established quota (9.05 million) by approximately 140,000 barrels. Several ...