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Current Situation: The USA Aims to Capture up to 70% of the European Energy Market

... EU to completely eliminate its reliance on Russian energy supplies. Experts believe that achieving annual exports worth $250 billion is feasible only if the price of American energy resources for European consumers increases sharply, particularly for oil, which is estimated to need to rise to at least $120 per barrel. However, in the medium term, this agreement may yield counterproductive effects for the United States, with minimal impact on the Russian budget. What the U.S. and EU Agreed Upon The ...

Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

... company 'ORG-Market' was founded, which is a resident of the Skolkovo Technopark. In just six months of operation, more than 40,000 tons of petroleum products were sold through its platform, org-market.com. We spoke with Sergey Tereshkin, the CEO of the Oil Resource Group, about how the platform was created and how it operates. Everyone is familiar with electronic trading platforms that feature goods from various sellers. However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration,...

Sergey Tereshkin: Adjusting the damper may lead to an increase in exchange fuel prices.

Adjustments to the rules for compensatory payments under the damping mechanism, currently being discussed by the government, are intended to support oil companies but may lead to a slight increase in exchange prices. This opinion was expressed in an interview with RG by Sergey Tereshkin, General Director of the OPEN OIL MARKET marketplace for petroleum products and raw materials. According to him,...

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

On July 29, 2025, significant changes are being observed in the energy market. The Brent oil price has stabilized around $70, raising concerns among analysts. At the same time, the government has announced a ban on gasoline exports, which could affect domestic fuel prices. Gas reserves are also showing growth, indicating an increase in market ...

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

On July 28, 2025, in energy sector news: the price of Brent oil remains stable at around $70 per barrel, indicating a soft demand and supply balance in the oil market. Furthermore, Europe is reporting record gas reserves, raising questions about the maneuverability of European energy policy. A significant development ...