... deliveries through the Ukrainian gas transmission system remained nearly at the same level as the previous year—43 million cubic meters per day. According to him, the ability of the Russian budget to minimize losses from the gas sector will largely depend on the further dynamics of gas exports to Europe. "According to the draft federal budget, mineral extraction tax (MET) revenues from gas will decrease by 440 billion rubles in 2025, amounting to approximately 1 trillion rubles. The main ...

... meters per day. For comparison, Turkey’s LNG imports in 2023 were 40 million cubic meters per day. “With the development of Sakarya, Turkey could not only replace LNG imports but also become a significant gas supplier to Southern Europe. Much will depend on the development path for the field’s infrastructure: whether it will involve building underwater export gas pipelines or expanding LNG liquefaction capacities. In the latter case, Turkish gas will be available not only for the European but ...

... localized issues. Stock markets generally react to news about solar activity with a rise in the index of uncertainty. A short-term “dip” in stock indexes and increased demand for defensive assets may be expected. However, the specific dynamics will depend on whether the X1.2 flare triggers actual disruptions in systems. Overall, the increasing frequency of magnetic storms (along with the upcoming peak of the 11-year solar cycle) poses long-term risks to the global economy. Experts predict that investments ...

... place against the backdrop of recent trade disagreements. Investors are watching for final statements: any signals of enhanced cooperation or, conversely, escalating trade tensions could influence global sentiment, particularly concerning companies dependent on the Chinese market. 02:01 MSK – GfK Consumer Confidence Index in the UK (July). The nighttime sentiment indicator from British households shows expectations for a slight improvement following June's index rise to -18 points. Easing inflation ...

... also consider that high inventories could limit oil price growth, potentially reducing the returns on investments in oil-related assets. Market Response Following the report's release, oil prices showed a slight uptick; however, the long-term outlook depends on demand dynamics and further inventory accumulation. Currently, Brent was trading at $75.66 per barrel, while WTI stood at $72.37 per barrel. If supply remains high, it will put downward pressure on oil prices, which is advantageous for procurement ...