... indeed left rates unchanged. Soft monetary conditions combined with the resolution of trade differences could support fuel demand in the latter half of the year. Gas Market: Record Storage for Winter and Relative Price Stability The focus in the gas market remains on Europe, where EU countries are rapidly filling underground gas storage in preparation for the winter heating season. By the end of July, European UGS facilities were over 72% full (up from ~59% a month prior), equivalent to over 75 billion cubic meters of gas. Although ...

... market strength. Philadelphia Fed Manufacturing Index (November) — 16:30 MSK: Measures industrial activity. Canada PPI (October) — 16:30 MSK: Industrial prices may affect CAD. U.S. Existing Home Sales (October) — 18:00 MSK: Indicates real estate market trends. EU Consumer Confidence (November) — 18:00 MSK: Reflects EU consumer sentiment. U.S. EIA Natural Gas Storage — 18:30 MSK: Can influence natural gas prices. Focus Points: Turkey and South Africa rate decisions could impact emerging market currencies....

The European gas market is undergoing historic changes: Gazprom faces serious challenges after ending 60 years of cooperation with the EU. A 9-fold reduction in exports, increased competition from American LNG, and Europe's transition to "green energy" have changed the geopolitical and economic picture. In this article, we examine in detail how the company is adapting to the ...

... kept its rate unchanged. Soft monetary conditions combined with the resolution of trade disputes could support demand for energy resources in the second half of the year. Gas Market: Record Storage Filling and Relative Price Stability The European gas market remains in the spotlight. EU countries are accelerating the injection of natural gas into underground storage facilities in preparation for the winter heating season. By the beginning of August, European UGS facilities are over 73% full (compared to ~59% a month earlier), translating ...

... While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant given Russia's budget deficit. LNG Prospects Experts doubt the EU will impose a full ban on Russian LNG in the near term. "Even if the EU includes a ban in the 15th sanctions package, its implementation might be delayed until 2026," Yushkov predicts. Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is unlikely before the end of the winter season (March 31), as Russian LNG helps Europe mitigate supply risks. For instance, France imported 4.98 million tons of Russian LNG in the first ten months of 2024, followed ...