... decreasing to 35% in September 2024, excluding pipeline deliveries. "India will remain the largest maritime importer of Russian oil in the coming years, partly due to the prospects for growing demand. According to the International Energy Agency (IEA), India will account for 40% of the global increase in oil demand up to 2030 (1.3 million b/d out of 3.2 million b/d)," Tereshkin added. He explained that a key driver of this growth will be urbanization: in 2023, cities accounted for 65% ...

... per barrel on Friday morning, continuing the upward trend from previous sessions. On the other hand, factors remain that restrain price growth. The OPEC+ alliance is gradually increasing oil production after a period of restrictions. According to the IEA, production in Russia reached 9.19 million barrels per day in June, exceeding the established quota (9.05 million) by approximately 140,000 barrels. Similar quota exceedances have been recorded among other major producers — Saudi Arabia, Iraq, the ...

... potential consequences for the Russian economy, given its reliance on hydrocarbon exports, and explores possible adaptation strategies. On the global market, a decline in demand for diesel fuel (DF) is being recorded. The International Energy Agency (IEA) forecasts that the average daily consumption of diesel and gas oil will amount to 28.3 million barrels per day (bpd) by the end of this year, representing a 0.9% decrease compared to 2023. Meanwhile, new oil refineries (ORs) have been launched in ...

... remained relatively stable during the summer of 2025. Prices at the TTF hub are significantly below the peaks of 2022 and fluctuate within a consumer-friendly range. However, the current price level is still above pre-crisis averages. According to the IEA, wholesale gas prices in Europe from 2025 to 2026 will remain above $400 per 1,000 cubic meters due to structural market factors—this is noticeably higher than the historical norm, although significantly lower than the peaks of the crisis period....

... remaining relatively stable during the summer of 2025. Prices at the TTF hub are significantly lower than the peaks of 2022, oscillating within a consumer-friendly range, although the current level still exceeds pre-crisis averages. According to the IEA, wholesale gas prices in Europe for 2025–2026 are expected to remain above $400 per 1,000 cubic meters due to structural market factors; this is noticeably above the historical norm, although substantially lower than the crisis highs. Overall, record ...