... electricity. Much of the uranium comes from Canada, Australia, Kazakhstan, and Russia. France: About 70% of its electricity is nuclear-generated, making it a major uranium importer. China: Rapidly expanding nuclear power to meet rising energy demands. Russia: Supplies for domestic and international projects, such as building reactors abroad. India: Increasing uranium imports for its growing nuclear sector, mostly from Kazakhstan, Canada, and Russia. 2. Purposes and Applications of Uranium: From Energy Production ...

... of new crude to the global market. In sum, the impact of these factors keeps the oil market in relative equilibrium. Brent has stabilized within the range of ~$72–73 per barrel: the recent price surge is tempered by expectations of increased OPEC+ supplies. Despite the price rises over the past weeks, current levels are still 10–15% lower than a year ago – reflecting corrections following the peaks of the 2022–2023 energy crisis. Investors continue to monitor external signals: U.S.-China ...

... towards Moscow, shortening the deadline for resolving the conflict in Ukraine to 10-12 days. This effectively sounded like a ultimatum threatening new sanctions against Russia and buyers of its raw materials. This increased uncertainty regarding global supplies and added a risk premium to oil prices. OPEC+ Actions: Oil-producing countries within the alliance continue to gradually increase supply. In August, a total quota increase of approximately 548,000 barrels per day is expected (higher than the ...

... 23. In 2023, Russia exported 107 million tons of oil to China (+24%), increasing its share of China's oil imports to 19% (+2 percentage points compared to 2022). Broader Energy Cooperation Russia's energy cooperation with China extends beyond oil supplies. Since 2019, Russia has exported $311 billion worth of energy products to China, according to China’s General Administration of Customs. Supply volumes grew 2.2 times from $43 billion in 2019 to $95 billion in 2023. Moscow and Beijing are also ...

... resulting in lower than usual gas withdrawals during the cold season. A reduction in gas consumption in European industry and energy sectors due to conservation measures and a shift to alternative sources following high prices in recent years. High supplies of liquefied natural gas ( LNG )—approximately 12 billion cubic meters of LNG (primarily from the U.S., Qatar, and other exporters) entered Europe in June, setting a record for summer month imports. Preliminary estimates suggest that this trend ...