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Energy Sector News, Monday, August 4, 2025: Brent around $70 amid increased OPEC+ production, EU gas reserves exceed 70%, gasoline export ban in effect
... oil prices hovering around $70 per barrel due to coordinated actions by OPEC+ to raise output and stable demand. European gas storage facilities are being filled at record rates, now exceeding 70% of total capacity, which mitigates the risks of fuel shortages ahead of the forthcoming winter. In the domestic fuel market of Russia, authorities have implemented emergency measures to stabilize petroleum product prices, with a full ban on gasoline exports introduced in August to alleviate shortages at ...
Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... day in quotas is expected in August (above original plans), with a similar rise likely in September. Recently, the OPEC+ monitoring committee reaffirmed its commitment to implementing agreements and hinted at a readiness to add production to prevent shortages in the autumn market. These additional volumes somewhat limit price increases.
As a result of the combined influences, the
oil market
displays relative equilibrium. Brent is holding around $68–70 per barrel, gaining upward momentum, but further ...
European Economy Losing Competitiveness: Causes and Consequences
... future.
Call for change: The businessman believes there is a need to stimulate the economy, innovation, and confidence in European society.
Key points to consider:
Economic challenges: Musk’s words reflect existing issues such as slowing growth, energy shortages, and demographic crises.
Investments: Europe needs innovative solutions and the attraction of investments in technological sectors to remain competitive.
Political stability: Prolonged geopolitical conflicts and internal disagreements complicate ...
What caused the outpacing increase in the price of AI-98 gasoline
... first nine months of the year: compared to the end of 2023, retail prices for AI-92 gasoline by October 21, 2024, increased by 6.8%, and for AI-95 by 7.3%, while prices for AI-98 surged by 16.5%.
One reason for this accelerated growth could be the shortage of high-octane fuels. Supporting this theory is the fact that the total output of petroleum products in Russia fell by 2.4% year-over-year in the first nine months of 2024. As of the time Rosstat closed its weekly fuel production statistics, ...
Foreign Direct Investments - Key Features
... through a difficult period. Domestic investors are reluctant to trust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation in the internal market is exacerbating. Companies are facing a severe shortage of financing.
The Russian economy is currently experiencing a challenging period. Domestic investors are reluctant to entrust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation ...