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Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban
..., there is increasing interest in the implementation of renewable energy sources (RES) as an alternative to traditional hydrocarbons. This balance of influences in the energy sector is crucial for understanding future trends in the energy market and countries' dependency on oil products.
Energy Sector News, Monday, July 28, 2025: Brent Near $70, EU Gas Stores Close to 70%, Gasoline Export Ban
In the latest review of the fuel and energy sector, we examine key events and trends as of
July 28, 2025
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Dedollarization of Global Finance: Reducing Investments in US Treasury Securities
... recent events have led to a reassessment of this strategy. The key reasons include:
Freezing of Reserves: Following the imposition of sanctions against Russia, a significant portion of its currency reserves was frozen, serving as a warning to other countries about the potential risks of holding reserves in dollars.
Geopolitical Pressure: Countries seeking to reduce their dependence on the U.S. have begun developing alternative financial instruments, including transactions in national currencies....
The Harshest Package: What the New EU Sanctions Mean for Russia
... from U.S. President Donald Trump during the recent G7 summit in Canada. "And without U.S. support, the modified cap will be of little significance," says Mitrakhovich. "Some Greek shipowners, currently transporting Russian oil to third countries, for instance, to India, may hesitate and withdraw from this business. However, others will continue to manipulate their reporting, pretending that they are transporting oil at a price that does not exceed the cap at the loading port. The rest ...
Experts predict a decrease in oil prices in 2025
Commentary for Vedomosti on Potential Oil Price Decline
Experts predict a drop in oil prices in 2025, with the average cost of Brent crude expected to fall below $70 per barrel. The primary reason for this is the increase in production from non-OPEC+ countries, such as the United States, Brazil, Guyana, Canada, and Argentina. Sergey Tereshkin, CEO of OPEN OIL MARKET, highlights that rising production in these regions is putting downward pressure on prices, despite OPEC+'s efforts to regulate the market....
Startup and Venture Investment News - August 11, 2025: Megafunds, AI Rounds, and IPOs
... are once again actively funding technology startups, closing record-sized deals, while IPO plans are back in the spotlight. Major funds and corporations have resumed significant investments, launching new venture programs, while governments in various countries are increasing support for innovative businesses, striving to keep pace in the global technology race. Preliminary estimates indicate that the first half of 2025 has been the most successful period since 2021 in terms of total venture capital ...