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Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... Russian energy resources. Additionally, ongoing U.S.-China trade negotiations remain in the market's sight: an extension of the tariff truce would reduce risks for the global economy and support demand for energy resources.
Financial Markets and Economy:
Macroeconomic data (inflation levels, interest rate trends, industrial growth rates) will influence commodity markets. Should major economies signal a slowdown, oil quotes may cool, and fuel consumption could decline. For now, however, basic forecasts ...