... fuel and energy sector is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent holding above $72 per barrel, reaching its peak since late June amid ongoing geopolitical risks and strong seasonal demand. The European gas market is relatively calm due to record filling of underground gas storage ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain balance: from August 1, the OPEC+ alliance is commencing a planned increase in ...

... Stream. Analysis by OPEN OIL MARKET’s Tereshkin for the Vzglyad Newspaper. The article explores the conditions under which the remaining branch of the Nord Stream 2 pipeline could become operational, considering the current state of the European gas market. It examines factors influencing gas price increases, including uncertainties surrounding transit through Ukraine, climatic conditions, and competition with Asia for LNG supplies. Expert Igor Yushkov notes that in the event of winter frosts and ...

... revenues. Thus, balancing interests—keeping prices affordable for the population and ensuring budget revenues—remains a complex task for authorities and market participants. Gas Sector: Europe is Storing Reserves and Restructuring Routes The European gas market is entering the end of summer with confident figures on reserves. Underground gas storage (UGS) in the EU is over 72% full of total capacity as of early August, significantly surpassing average levels from previous years for the same date. EU countries ...

... revenues and expenditures, Gazprom managed to nearly fully offset losses through operational improvements and tax factors. Below is a detailed analysis of key items in the report and the factors influencing the results. Macroeconomic Context and the Gas Market External macroeconomic factors and the gas market situation significantly impacted Gazprom's performance in the first half of 2025. Following the price volatility of gas in 2022–2023, a relative stabilization was observed in 2024–2025, although ...

... to limit fuel exports, which could impact global markets. In this article, we will examine how these events are affecting the oil product market, the repercussions for the energy balance in the CIS and worldwide, as well as potential changes in the gas market in Europe. Stay updated with the latest energy news and be informed about significant changes in the energy sector. Energy Market News, Tuesday, August 5, 2025 — Trump Pressures India, Russia Restricts Fuel Exports A recent overview of the ...