..., Brussels has extended the regulations for mandatory storage filling for another two years to maintain high reserve levels for future winters, and discussions on potential new restrictions on Russian gas imports are underway at the political level. Russian Fuel Market: Export Ban and Price Stabilization The domestic market for oil products in Russia is experiencing a tense situation this summer, driven by a rapid increase in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline ...

... and what implications this may have for consumers both in Russia and abroad. Stay updated with the most relevant news on oil, gas, and the energy market. Energy Sector News – Sunday, August 3, 2025: Brent Around $73; Asia Emerges as Main Export Market for Russian Oil As August begins, the global fuel and energy complex is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent holding steady around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and strong seasonal demand. The European ...

... event of a European-wide ban on Russian gas imports—this signal underscores the ongoing divisions within the EU regarding energy security. Fuel Market in Russia: Gasoline Export Ban and Stabilization Measures Significant changes are brewing in the Russian fuel market. In recent weeks, there has been a rise in exchange prices for automotive gasoline and diesel, creating tension for consumers and the market. The reasons include seasonal factors (increased summer demand, particularly for agricultural fuel and ...

... across various domains. Such actions have been labeled as manifestations of "double standards." National Interests Above All: India asserts that its priority is to ensure affordable energy prices for its population and economy. Purchasing Russian oil helps curb fuel price increases in the domestic market. The West Trades with the RF: In New Delhi's reminder, EU countries still import gas, petrochemicals, fertilizers, and other resources from Russia, while the U.S. continues to procure certain categories of Russian goods (such as nuclear materials)....

... situation in the gas market in the fall and winter. OPEC+ Actions: The implementation of planned oil production increases by OPEC+ countries and decisions that may be made at upcoming alliance meetings will influence market balance and oil price dynamics. Fuel Market in Russia: The effect of the export ban on gasoline in the Russian Federation and subsequent authorities' decisions (lifting or extending the ban after August) will impact domestic fuel prices and the potential for Russian export supplies.