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Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban
... gas: significant volumes of LNG are being supplied to China from Qatar, Australia, and the spot market, bypassing American gas.
Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new terminals are being constructed,...
B2B Marketplaces: A Modern Solution for Raw Material Trade
... these platforms operate, their benefits for suppliers, buyers, and carriers, and why Open Oil Market is becoming a convenient solution for all participants in the supply chain.
B2B Marketplaces: A Modern Solution for Raw Material Trading
Can you buy petroleum products in bulk today as easily as ordering a book from an online store? Just a short while ago, such a level of convenience seemed impossible in the wholesale raw material trade. Today, it is a reality: these platforms are rapidly gaining popularity ...
Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
... Russia. These might include immediate maximum tariffs on Russian goods and secondary sanctions against buyers of Russian energy resources. The prospect of such actions keeps market participants on edge, considering the potential risks to global oil and petroleum product supply chains.
Thus, at the global level, two opposing trends are currently interwoven: the de-escalation of trade conflicts between major economies on one hand, and the escalation of geopolitical rhetoric on the other. The outcomes of these processes ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... price discounts. Similarly, significant volumes of LNG are arriving from Qatar, Australia, and through the spot market, bypassing American gas.
At the same time, Europe continues to reduce its energy dependence on Russia. Imports of Russian oil and petroleum products into the EU are under embargo, and gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure to accept LNG and is seeking new long-term contracts with alternate gas suppliers. However, a complete ...
The consequences of the drop in oil prices for Russia have become known.
... challenges facing Russia's oil sector, as well as potential ways to adapt the economy to the new conditions.
The structure of oil and gas revenues in the Russian budget helps mitigate the risks of a decline in global oil prices, Sergey Tereshkin, CEO of the petroleum product marketplace Open Oil Market, said in a conversation with RIA Novosti.
According to him, one of the serious risks to Russia's budget system in 2025 will be a drop in raw material prices. The OPEC+ alliance, at its most recent meeting last week,...