... established stable diesel supply channels from the Middle East, Asia, and the U.S. to replace lost Russian volumes. As expensive fuel purchased by European importers last winter is consumed and replaced with cheaper supplies, gasoline stations in the EU are ... ... prices. However, due to high taxes and levies, gasoline in Europe remains expensive for end consumers—prices in the largest EU economies hover around €1.6-1.8 per liter at the filling stations. Overall, the global oil products market is currently not ...

... expectations for increased demand for oil and gas. Additionally, the U.S. and India have made strides in resolving trade disputes, easing global tensions. Meanwhile, the summer holiday and travel season supports elevated consumption of gasoline and jet fuel in major economies, further fueling oil demand. Geopolitical risks and sanctions. The U.S. administration is ramping up pressure on Moscow. At the end of July, President Donald Trump shortened the deadline for resolving the Ukraine conflict: an ultimatum (~10 ...

... approached ~$67, responding to concerns over surplus supply. Nevertheless, the market finds equilibrium due to several compensating trends: Demand and Seasonal Factors. The global summer travel season maintains heightened demand for gasoline and jet fuel in leading economies (the U.S., China, Europe). Despite local signs of weakness—such as the lowest gasoline consumption figures in May in the U.S. since 2020—overall global oil consumption continues to grow. Analysts forecast that global demand will increase ...

... steady diesel supply channels from the Middle East, Asia, and the U.S. to replace Russian volumes. As the expensive batches of fuel purchased by European importers last winter are consumed and replaced by cheaper supplies, gas stations in the EU are gradually ... ... prices. However, due to high taxes and levies, gasoline in Europe remains expensive for consumers – prices in the largest EU economies range from €1.6–1.8 per liter at gas stations. Overall, the global oil products market is not currently experiencing ...

... discuss the impact on the fuel market, and review the positions of coal, electricity, and renewable energy sources. Special attention will be given to the consequences of this gasoline export ban and its effect on both the domestic and international economies. Energy Sector News, Friday, July 25, 2025: Brent Below $70, Record Gas Reserves, Gasoline Export Ban from August This issue of the fuel and energy sector review covers key events and trends as of July 25, 2025. The global oil market shows price stability, with Brent oil continuing to trade below the $70 per barrel mark. Gas storage in Europe is being filled at record rates, reducing ...