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Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban

... natural conditions. Another significant event for the sector was the change in electricity tariffs. Starting July 1, 2025, planned price indexing for households and businesses has been implemented: electricity and utility tariffs have increased by an average ... ... the government, aims to help energy companies offset inflationary costs and invest in infrastructure maintenance. However, the rise in payments increases the burden on industry and households. In response, authorities have announced support measures: targeted ...

Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia

... domestic prices. Below is a detailed overview of key events and trends in the oil, gas, electricity, and other segments of the energy market as of July 29, 2025. Oil Market: Price Increases and Influencing Factors Oil started the week with a confident rise. The North Sea Brent crude oil prices approached the mark of $70 per barrel – the highest levels in the past one and a half weeks. American WTI is trading around $66. The increase in prices was primarily driven by positive news regarding the trade agreement between the US and the ...

Decline of the Russian Automotive Market in 2025: Forecasts and Consequences

... indexation of car prices in 2025 will serve as an additional factor of inflationary pressure. Rising car costs will make them less affordable for the population, further reducing overall market demand. Price increases will also contribute to a general rise in the Consumer Price Index (CPI), as the cost of vehicles is an important component in the CPI calculation. 3. Decline in Consumer Demand and Its Consequences The rising key interest rate also puts pressure on consumer demand. High rates render auto loans less accessible,...

ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious

... signal net job growth in services – a development that would further bolster confidence in the economic outlook. Price Pressures Highlight Inflation Risk One of the most striking aspects of the ISM report was the surge in the Prices Index. In April, prices paid by service organisations jumped to 65.1 from 60.9, marking the highest level in roughly two years. This steep rise indicates that cost pressures — from wages to raw materials and supplier pricing — have intensified. Respondents to the ISM survey cited higher input costs and ongoing supply constraints (including import tariffs on certain goods) as factors ...

The export ban has slowed the growth of exchange prices for gasoline.

... administrative regulation. Deputy Chairman of the Supervisory Board of the Reliable Partner Association Dmitry Gusev notes that it is too early to assess the ban's effectiveness. The market requires time to rebalance supply and demand. He attributes the sharp rise in AI-95 prices to a mismatch between consumption patterns—where AI-95 accounts for about 52% of gasoline use, particularly in large cities—and the exchange sales structure, where AI-95 represents only a third of traded volumes. Current rules require companies ...