... gas storage is filling at record rates, indicating upcoming shifts in consumption. Discussions on these issues are becoming particularly pertinent against the backdrop of global trends, such as the development of renewable energy sources and 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 ...

... extension or reduction, without requiring lengthy approval procedures. According to Sergey Tereshkin, CEO of the oil product marketplace OPEN OIL MARKET, the export permit for such a short period is a result of a compromise: the regulator could not keep export restrictions for too long. Therefore, the ban is lifted, but oil companies receive a signal: "Guys, I’m letting you go on a break, but behave well, or you’ll be locked back in the room." Meanwhile, Dmitry Gusev, Deputy Chairman of the ...

Commentary for Rossiyskaya Gazeta on Russian oil exports. The website discusses the increasing pressure on Russia's oil exports. It examines Western plans aimed at limiting Russian oil sales, including tighter sanctions and enhanced oversight to prevent circumvention of established restrictions. The potential economic consequences of such measures are highlighted, both for Russia and the global oil market. The article also analyzes Russia's capacity to counter these actions, such as by developing alternative export channels and ...

... Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For comparison, the previous ban, set on March 1, 2024, lasted only two and a half months, from March 1 to May 17. The purpose of the ban is to create an additional incentive to control prices, explains ...

... Geopolitical and Tariff Risks The current geopolitical tension in U.S.-China relations significantly heightens investment risks in global markets. New tariffs, restrictions, and export controls adversely affect corporate profitability. For example, the export restrictions introduced between 2022 and 2024 on advanced chips have led American semiconductor manufacturers to experience a decline in revenue. According to CSIS estimates, after the first rounds of restrictions, equipment and chip manufacturers in ...