... July comes to a close, the global fuel and energy sector displays moderate growth and signs of stabilization. Oil prices continue to rise, with Brent briefly exceeding the $72 per barrel mark for the first time since late June, driven by persisting geopolitical risks and strong seasonal demand. The European gas market maintains relative stability, thanks to active filling of underground storage facilities ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain ...

... LNG originally bound for Europe have been diverted to other regions where prices are higher, primarily in Asia. This shift comes as a blow to Europe, which has relied heavily on U.S. LNG to bridge its energy needs during a period of high demand and geopolitical constraints. Why Are U.S. LNG Suppliers Redirecting Shipments? Market Price Dynamics and Profit Optimization One primary factor driving U.S. LNG suppliers to divert shipments is the significant price increase in other regions, particularly ...

... Accelerates Gas Injection Ahead of Winter Midweek, the global fuel and energy sector shows sustained optimism. The price of Brent crude oil has surpassed the $70 per barrel mark for the first time in the past two weeks, driven by easing trade tensions and geopolitical factors, while the European gas market is strengthening thanks to active stockpiling of fuel in storage facilities. At the same time, the industry is attempting to balance supply and demand: OPEC+ countries are adhering to a gradual increase ...

... $70 per barrel – the highest levels in the past one and a half weeks. American WTI is trading around $66. The increase in prices was primarily driven by positive news regarding the trade agreement between the US and the European Union, as well as geopolitical factors. US President Donald Trump announced a reduction in the timeframe given to Russia for resolving the conflict in Ukraine to 10–12 days, threatening enhanced sanctions, which added uncertainty regarding future energy resource supplies ...

.... In 2023, the company invested in: Increasing the capacity of the gas pipeline to meet growing demand in China. Modernization of compressor stations to improve energy efficiency and reliability of supplies. Nord Stream 2 and Turkish Stream: Despite geopolitical challenges, Gazprom continues to support and develop the infrastructure of these pipelines. As part of Nord Stream 2, technical work is being carried out to maintain the operability of the system. Turkish Stream supplies gas to Turkey and ...