... 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 ...

... 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 ...

... 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 ...

... about potential monetary policy easing support the market, preventing prices from falling significantly below current levels. As a result, by the end of the week, the oil market maintains relative stability, close to levels seen at the end of June. Gas Market: Record Reserves and Stable Prices The European gas market is demonstrating strong filling of storage facilities ahead of the upcoming heating season. According to data from Gas Infrastructure Europe, underground gas storage (UGS) in EU countries ...

... the end of the week, the oil market is in a state of relative equilibrium: Brent prices have stabilized at the higher end of the range for recent months, although they remain sensitive to any news regarding economic risks or changes in OPEC+ policy. Gas Market: Record Filling of Storage Reduces Price Risks The European natural gas market continues to build reserves ahead of the winter season. According to Gas Infrastructure Europe, underground gas storage facilities in EU countries are nearly 66% full ...