... refineries and oil bases reached 1.8 million tons, which is 2% higher than the level at the same time last year. This suggests that there should be no cause for concern. What is worrisome, however, is that exchange quotations are rising despite falling prices for Russian oil (following global trends) and regardless of the strengthening ruble. Exchange trading operates according to market laws, and the increase in quotations under current conditions can be most simply explained by a lack of supply in the trades. But the ...

... "RG," Yuri Stankevich, Deputy Chairman of the State Duma's Energy Committee, stated that there are currently no objective economic reasons for a rise in wholesale diesel prices due to the start of the active agricultural season. Firstly, world oil prices have decreased by more than 5% over the last month, with no signs of reversing this trend. Secondly, the main parameters for taxation of oil refining and oil product supply remain unchanged. However, wholesale diesel demand typically begins ...

On July 29, 2025, significant changes are being observed in the energy market. The Brent oil price has stabilized around $70, raising concerns among analysts. At the same time, the government has announced a ban on gasoline exports, which could affect domestic fuel prices. Gas reserves are also showing growth, indicating an increase in market ...

... Supply Forecasts The IEA maintained its supply forecasts for 2024–2025, assuming OPEC+ will continue its current production limits. OPEC+ plays a vital role in maintaining market stability, and the decision to keep production restrictions could support oil prices, particularly if demand exceeds expectations. This steady supply outlook serves as a potential foundation for stable or slightly increased prices, which can benefit energy investments in North America and Europe. Production Trends in Russia and ...

... new developments in the energy sector. The pressure from the United States on India is becoming increasingly noticeable in light of recent changes in the global energy market. While the export of petroleum products continues to be in the spotlight, oil prices fluctuate amid political and economic turmoil. OPEC+ also contributes to price-setting, remaining a key player in the global market. In this article, we will thoroughly analyze the impact of Trump's sanctions, supply and demand dynamics, and how ...