Found: 423

Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled

... As a result of the cumulative influence of these factors, the oil market remains relatively balanced. Brent has secured a range of ~$70–72 per barrel: the recent growth momentum is tempered by expectations of increased supplies from OPEC+. Despite price increases in recent weeks, the current level is still 10-15% below year-ago figures—a reflection of the market correction following the peaks of the energy crisis in 2022-2023. Investors continue to monitor external economic signals: negotiations between ...

Why the ban on gasoline exports did not stop the rise in gas station prices

... consecutive year by early autumn. According to Rosstat, inflation as of September 2 was 5.17%, while gasoline prices at filling stations rose an average of 6.7% since the start of the year. Moreover, premium gasoline grades like AI-98 and above saw a price increase of 10.7%, more than double the inflation rate. Experts believe that by the end of the year, the rise in fuel prices at gas stations will align with inflation or stay close to it, as happened in 2023. Notably, while there was talk of a fuel ...

"Pancake Index": How Prices for Key Products Changed for Pancake Week 2025

Pancake Week 2025 not only brought joy but also price increases for traditional treats. Experts have calculated the "pancake index," revealing that 10 homemade pancakes will cost 20% more this year. The main reason for the price hike is a 36% rise in the cost of butter. This article explores why ...

Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged

... upward movement. The North Sea Brent blend is close to monthly highs, surpassing the psychologically significant $72 per barrel for the first time since late June. Meanwhile, American WTI is holding steady around $69. Several factors are fueling the price increase: Trade De-escalation Between the U.S. and Allies: A framework agreement between Washington and Brussels has prevented the escalation of trade disputes. The parties agreed on mutual tariff reductions and significantly increased exports of U.S....

Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter

... Surpasses $70, Geopolitics Boosts Growth Oil prices continue to trend upwards. The North Sea blend, Brent , approached a two-week high and briefly surpassed the psychologically important level of $70 per barrel. American WTI remains around $66-67. Price increases are fueled by several positive factors: U.S.-EU Trade Truce: The conclusion of a framework agreement between Washington and Brussels helped avoid an escalation of the trade war at the last moment. The parties agreed to mutually lower tariffs ...