... East, Asia, and the U.S. to replace lost Russian volumes. As the expensive fuel batches purchased by European importers last winter are consumed and replaced with cheaper ones, gas stations in the EU are gradually beginning to lower retail prices. However,... ... (including BP, TotalEnergies, ExxonMobil, and Chevron) reported declines in quarterly profits compared to the peak first half of 2024 but overall earned more than forecasted. Despite retreating from last year's record levels, the oil and gas sector continues ...

... exports is occurring. If in 2021 about 34% of oil supplies from Russia were directed to Asia-Pacific countries, by the end of 2024, their share had risen to 63%. The share of European countries (including Turkey) fell from 56% to 31% during the same period.... ... gas market remains on Europe. EU countries are rapidly replenishing natural gas in underground storage as they prepare for the winter season. By early August, European UGS facilities are nearly 75% full (compared to ~59% a month earlier) – an unprecedented ...

... there is a seasonal rally: average gas prices at the largest hub in the region, TTF, rose by 18% from September to November 2024 (from $422 to $499 per thousand cubic meters). This has already led to an increase in electricity prices: the average price ... ... electricity prices, the expert clarified. According to Tereshkin, gas prices will continue to rise on the exchange during the winter. Meanwhile, Dmitry Skryabin, a portfolio manager at Alpha Capital Management, added that weather is a significant factor ...

... low water year, which significantly reduced hydropower generation. HPPs: ~98 billion kWh (−12% compared to the first half of 2024). TPPs: ~394 billion kWh (+0.5%). NPPs: ~104 billion kWh (−0.3%). Thus, the share of thermal and nuclear energy in the ... ... remains relatively stable due to producer coordination, yet it is sensitive to economic risks. European Gas Market: approaches winter with record stocks, decreasing fears of sharp price spikes. Russian Fuel Market: is increasingly regulated by the state; ...

... risen about 5–7% over the past month) but still noticeably lower than prices a year ago (in the height of the crisis in summer 2024, coal was 15–20% more expensive). This price dynamic reflects a balance: on the one hand, persistent high global demand ... ... Russian sources). Gas stations in the EU are gradually lowering prices for end consumers as more expensive stocks purchased last winter are replaced with cheaper batches. Nevertheless, high taxes and levies in Europe keep gasoline expensive for the populace ...