... June, marking a record figure for the first summer month. High gas reserves allow Europe to feel more secure: despite the reduction of pipeline supplies from Russia, EU countries are compensating with record volumes of LNG from the US, Qatar, and other exporters. Gas prices at the European TTF hub in the summer of 2025 remain relatively stable—significantly below the peak values of 2022. However, they remain above long-term average levels: according to IEA estimates, wholesale gas prices in Europe will stay ...

... developed agreements aimed at preventing a new tariff war: mutual tariff reductions and increased U.S. energy exports to Europe were agreed upon. The energy component of the agreement benefits both sides: the EU gains additional supply guarantees for gas and oil, while the U.S. secures expanded markets and capital influx from increased exports. This positive trading signal has reinforced market confidence in the stability of future energy resource demand. On the other hand, the U.S. administration continues to ramp up pressure on Moscow. In late July, President Trump significantly shortened ...

... preventing a new trade war: mutual understanding on tariff reductions and increased exports of energy resources from the U.S. to Europe has been achieved. The energy component of the agreement benefits both sides: the EU gains additional guarantees for gas and oil supplies, while the U.S. expands its markets and attracts capital as exports grow. The positive trade signals have translated into increased market confidence regarding stable demand. Concurrently, the U.S. administration continues to ramp up pressure on Moscow. President Trump has significantly shortened the deadline ...

... affecting the fuel market and the energy sector as a whole? In our latest material, we analyze current trends, price changes, and potential consequences for the global economy. Energy Sector News, Saturday, July 26, 2025: Brent Approaches $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban The latest review of the fuel and energy complex highlights key events and trends as of July 26, 2025. The global oil market shows cautious price growth — Brent crude oil is nearing $70 per barrel amid optimism in trade negotiations and coordinated ...

... Association, the average retail prices for AI-92 gasoline in Moscow reached around 59 rubles per liter by early August, while AI-95 stood at approximately 65 rubles per liter, significantly higher than the levels at the beginning of the year. Despite the export ban, fuel prices at gas stations are gradually increasing, albeit at a slower pace compared to peaks in June. To stabilize the situation, the government is utilizing budgetary mechanisms. In particular, oil refineries (refineries) are receiving compensation through a dampening ...