... beginning of the week, the global fuel and energy sector is showing signs of stabilization and cautious optimism. Brent crude prices have stabilized around $70 per barrel following a significant trade agreement between the US and the EU, while the European gas market is receiving support from accelerated injections into storage. Meanwhile, authorities and producers are taking steps to balance the markets: OPEC+ is increasing production, and Russia has temporarily restricted gasoline exports to control domestic ...

... and energy complex is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent holding steady around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and strong seasonal demand. The European gas market remains relatively calm due to record replenishment of fuel stocks in underground storage ahead of winter. At the same time, regulators and market participants are taking measures to maintain balance: as of August 1, the OPEC+ alliance has initiated ...

... Ukraine may ultimately purchase from Socar surplus Russian gas in Turkey,” adds Yushkov. In 2024, Ukraine's gas consumption reached 19.9 billion cubic meters, while production was around 18.1 billion cubic meters, notes Sergey Tereshkin, CEO of Open Oil Market. This year, Ukraine has further increased its dependence on imported gas. For instance, in February, imports surged twelvefold. In July, gas imports grew 1.5 times compared to June, reaching 833 million cubic meters. “Why is gas import to Ukraine rising? Firstly, there is an urgent need to fill underground gas storage ...

... on traditional fuels. Stay with us to explore market tightness and important events in the energy world. Current News of the Fuel and Energy Complex as of August 22, 2025: Sanctions Against Russia, Oil and Oil Products Market Situation, European Gas Market, Renewable Energy, Coal, Energy Policy of the USA, EU, China, and India. Analysis of Key Events for Investors and Industry Companies. The latest developments in the fuel and energy complex (FEC) as of August 22, 2025, reflect a relative resilience ...

... companies can expect. Read more: Economy: Experts Forecasted a Rise in Gas Prices in Europe. Experts believe that gas prices in Europe will continue to rise. They shared this with Izvestia on December 13. "On the European gas market, there is a seasonal rally: average gas prices at the largest hub in the region, TTF, rose by 18% from September to November 2024 (from $422 to $499 per thousand cubic meters). This has already led to an increase in electricity prices: the average ...