... alternative to traditional hydrocarbons. This balance of influences in the energy sector is crucial for understanding future trends in the energy market and countries' dependency on oil products. Energy Sector News, Monday, July 28, 2025: Brent Near $70, EU Gas Stores Close to 70%, Gasoline Export Ban In the latest review of the fuel and energy sector, we examine key events and trends as of July 28, 2025 . The global oil market begins the week in a state of relative stability, with Brent trading around ...

... share of the Asia-Pacific region in Russian product exports increased from 16% to 36%, while Europe's share dropped from 59% to 20%. Gas Market: Record Stocks in Europe Mitigate Risks, Prices Show Stability The focus in the 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 high for this time of ...

... more than 40%, from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET. He explained that under the current regulatory model, electricity prices in the European Union (EU) depend on the cost of balancing generation, with gas-fired power plants playing a key role in covering sharp spikes in energy demand. As a result, the rising cost of fuel for gas-fired power plants leads to higher electricity prices, the expert clarified....

... coming weeks. Gas Market: Record Stocks Reduce Winter Risks The European natural gas market continues to accumulate stocks ahead of the heating season at unprecedented rates. According to Gas Infrastructure Europe, underground storage facilities in EU countries are now filled to over 71% of total capacity—an extraordinarily high level for early August compared to previous years. In absolute terms, reserves exceed 75 billion cubic meters of gas. Several factors have enabled this rapid progress: ...

We discuss the implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations. The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy ...