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Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... is at seasonally high levels. An additional factor is OPEC+: the cartel's increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, indirectly facilitating further gasoline price reductions.... ...
Europe
, the situation with motor fuel prices remains relatively stable. Following the upheavals of 2022-2023, when sanctions and logistics restructuring caused sharp price fluctuations, the European gasoline and diesel market has reached equilibrium in 2025....
Novak allowed the lifting of the ban on the export of AI-92 gasoline
... cannot maintain the gasoline export ban for too long, believes Sergey Tereshkin, founder and CEO of the Open Oil Market fuel and raw materials marketplace. "If the ban becomes overly prolonged, oil producers lose incentives for 'good behavior'... A long ... ... in mid or late September have yet to be delivered, and producers are extending contracts. While this issue may be related to logistics, Dyachenko acknowledges that fully lifting the export ban could exacerbate it.
"Now, any volume being shipped ...
Oil Flood of Russian Railways: Tank Cargo Owners Gain Government Support in the Battle for Priority Access to Railroads
... (NDA Rules) to the last day of 2024 (instead of September 1, as previously proposed). This delay allows oil products to retain logistical priority.
The decision is aimed at "ensuring economic stability and supporting businesses." This measure ... ... export ban will no longer be in effect, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET marketplace for oil products and raw materials, told Vgudok.
"The fact that oil companies have incurred significant costs in recent months due to the forced ...
Where Does the Russian Copper Company (RCC) Invest?
... processing technologies and improving environmental standards.
Research activities include projects on the recycling of secondary raw materials and minimizing waste.
Main Investment Directions
Modernization of Production Capacities
New ore processing lines have ... ... stability in the industry.
Impact on Related Industries:
RMK's activities generate additional jobs in construction, transportation logistics, energy, and other sectors correlated with the company's needs. For instance, the construction and modernization of ...
Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization
... financial independence.
New Exchange: Gold Bullion Trading in St. Petersburg
The St. Petersburg International Commodity and Raw Materials Exchange (SPbMTSB), in collaboration with the state-owned company "Goznak," plans to begin trading physical ... ... Regulations for bar issuance are currently being developed, and an accredited delivery operator is expected to manage operational logistics.
Market Participants and Trading Conditions
A diverse range of industry players are invited to participate in the new ...