... optimism; however, economic slowdowns anywhere could cool fuel demand. Filling of Gas Storage Facilities: Europe’s progress towards achieving the 90% filling target for UGS by the heating season and ensuring alternative gas supplies will shape the price situation in the gas market in the fall and winter. OPEC+ Actions: Compliance by OPEC+ countries with planned oil production increases and decisions made at upcoming alliance meetings will influence market balance and oil price dynamics. Fuel Market in Russia: The effect ...

... trend — their resale value drops by as much as 50% within just one year of operation. This creates a unique situation where owners of such vehicles face considerable losses upon resale, while buyers can discover attractive offers on used cars. Current Situation in the Chinese Car Market Chinese automakers, such as Geely, Chery, Haval, and others, have been actively strengthening their positions in Russia over the past few years. This has been made possible by: A wide range of models, from budget sedans to premium SUVs. Competitive ...

... politically, the EU is discussing potential new restrictions on the import of Russian gas, reflecting a desire to finally reduce dependence on supplies from the Russian Federation. Russian Fuel Market: Export Ban and Price Stabilization Measures The domestic market for petroleum products in Russia faced a tense situation this summer due to a rapid increase in gasoline and diesel fuel prices. In July, exchange prices for automotive gasoline on the St. Petersburg International Commodity Exchange reached historical highs (AI-95 grade rose above 75,000 rubles/ton),...

... and the West. Record LNG Imports: The share of liquefied natural gas in the EU's imports has risen to an all-time high. European LNG receiving terminals are operating at high utilization, replacing lost volumes of pipeline gas. Overall, the current situation in the European gas market evokes cautious optimism: the threat of fuel shortages this winter has been postponed, although it is still too early to relax completely. The region continues to diversify sources and develop infrastructure for receiving and distributing gas to ...

... of the energy crisis. These developments are expected to have a notable impact on the cost of petroleum products and the advancement of new energy sources, including coal and renewables. This article will thoroughly examine all aspects of the current situation in the energy sector and its effects on global energy markets, as well as possible future scenarios. Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injection Ahead of Winter Midweek, the global fuel and energy sector shows sustained optimism. The price of Brent ...