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FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
... growth in the U.S. in Q2) supports optimism, while an 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.
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Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... terms of the deal, the EU will annually buy oil, liquefied natural gas (LNG), and even nuclear fuel from the US – the total volume of contracts is estimated at an enormous $750 billion over the coming years. The main goal is to fully replace oil and gas supplies from Russia with American imports by the end of 2027, thereby ensuring Europe’s energy independence from Russia.
All EU countries have agreed to open their markets to the US and establish a unified customs tariff of 15% on most goods. This ...
The US Fails to Comply with LNG Contracts to Europe Worth Tens of Billions: Implications for Europe's Energy Market
... sources. Potential partners include countries in the Middle East, Africa, and possibly Russia, which could also offer stable supply volumes under long-term contracts.
Deepening Energy Dependence on Other Countries
If Europe continues to rely on external gas supplies, such disruptions may recur. Recent events emphasize the necessity of diversifying suppliers and seeking internal energy stability, for example, through the development of renewable sources and increased gas storage capacity.
Possible Measures ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... in exchange for partial tariff reductions on European goods. Over the next three years, the
European Union
pledged to purchase approximately $750 billion worth of oil, LNG, and even nuclear fuel from the U.S. The aim is to virtually replace oil and gas supplies from Russia by the end of 2027, thereby strengthening Europe's energy independence from Russia.
Unified Tariff and Investments:
All EU countries agreed to open their markets to American goods by establishing a unified import tariff of 15%. This ...
Moldova found itself in a gas trap because of Ukraine.
... as Kyiv has repeatedly stated that gas transit via Ukrainian territory will cease starting January 1, 2025, when its contract with Gazprom expires. While alternative gas transit options exist beyond this agreement, the possibility of a full halt in supplies through the Sudzha Gas Transmission System (GTS) at the start of the new year cannot be ruled out.
Scenarios and Risks
Several scenarios could unfold, ranging from a humanitarian disaster to more favorable outcomes.
Catastrophic Scenario
If Moldova and Transnistria ...