Found: 353

Energy Sector News — Friday, August 22, 2025: Sanctions, Petroleum Products, and Energy Market

... the influence of renewable energy sources 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 ...

The petroleum products marketplace "Open Oil Market" plans to go public through an IPO.

The oil products marketplace "Open Oil Market" plans to go public with an IPO in 2027 (according to the economic information agency "Prime"). The Russian oil products marketplace Open Oil Market has announced plans for an IPO. The company ...

Analysts predict the resumption of oil production growth in Russia.

This will be facilitated by the increase in global demand for raw materials and the easing of OPEC+ restrictions. Comment by Sergey Tereshkin for "Vedomosti." Analysts forecast a 1% increase in oil production in Russia in 2025, reaching 9.2 million barrels per day (excluding gas condensate). This expected recovery is linked to the growth of global demand, especially in Asia. The article also examines the impact of OPEC+ agreements and potential ...

The oil market will become oversupplied by the end of 2024.

... Administration (EIA), in the second quarter of 2024, global oil supply exceeded demand by 590,000 barrels per day. By the end of the year, this surplus is expected to narrow to 300,000 barrels per day. Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for oil products and raw materials, explains this trend with the following factors: Easing of OPEC+ quotas: Saudi Arabia, Russia, and other alliance members plan to increase oil production by December 2024, adding an extra 540,000 barrels per day to the market....

FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports

... 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 a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve’s decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism. In Russia, an emergency ban on gasoline exports remains in ...