On July 28, 2025, in energy sector news: the price of Brent oil remains stable at around $70 per barrel, indicating a soft demand and supply balance in the oil market. Furthermore, Europe is reporting record gas reserves, raising questions about the maneuverability of European energy policy. A significant development includes new restrictions on gasoline exports, which may adversely affect fuel prices in the country. At the same time, there is increasing interest ...

... 12–13 billion m 3 injected in June, the EU has managed to reduce the gap from last year's filling schedule. The target – to reach at least 90% full by the heating season – currently seems achievable. (For comparison, last year on the same date, reserves exceeded 83%, but the gap is gradually narrowing.) Gas prices are being maintained at elevated levels. The basic European TTF index fluctuates around $400 per thousand cubic meters, roughly corresponding to the same period last year. The summer heat in Western Europe is increasing the load on power grids ...

... 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....

... economic slowdown might cool fuel demand. Gas Storage Replenishment. Progress in Europe towards achieving the goal of 90% gas storage capacity by the heating season, as well as securing alternative gas supplies (via LNG and other routes) will determine the gas market situation in autumn and winter. Sufficient reserves can help stabilize prices, while setbacks in the schedule or import disruptions may return volatility. OPEC+ Actions and Production. The adherence of OPEC+ countries to their planned oil production increases and decisions at upcoming meetings ...

... dampen fuel demand. Gas Storage Filling. Europe’s progress towards achieving the 90% filling goal for gas storage facilities before the heating season, alongside securing alternative gas supplies (e.g., through LNG), will define the situation in the gas market this fall and winter. Adequate reserves can mitigate prices, whereas delays in schedules or supply disruptions may return volatility. Actions by OPEC+ and Production Levels. The fulfillment of OPEC+ countries' planned oil production increases, as well as potential decisions in upcoming ...