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Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... production, while Russia has implemented restrictions on gasoline exports to curb domestic prices. Below is a detailed overview of key events and trends in the oil, gas, electricity, and other segments of the fuel and energy sector as of
July 30, 2025
.
Oil Market: Brent Surpasses $70, Geopolitics Boosts Growth
Oil prices
continue to trend upwards. The North Sea blend,
Brent
, approached a two-week high and briefly surpassed the psychologically important level of $70 per barrel. American
WTI
remains around ...
An expert has predicted that Russia's oil exports will grow by more than 10%.
... a redirection of crude oil to external markets. Additionally, the easing of OPEC+ quotas will allow Russia to boost oil production, further contributing to the growth in exports.
Russia's Oil Exports to Increase by Over 10% by Year's End, Says Open Oil Market CEO Sergei Tereshkin
Russia's oil exports are expected to grow by more than 10% by the end of the year, according to Sergei Tereshkin, CEO of the petroleum products marketplace Open Oil Market. He shared this projection with Izvestia on August ...
An expert explained how Iran's return to the oil market will affect prices.
Expert Tereshkin: Iran's return to the oil market will offset price hikes (Prime).
Iran's return to the oil market could significantly impact global oil prices. How exactly this will affect the supply-demand balance, what investors should prepare for, and what risks the new player on the market ...
Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban
On July 28, 2025, in energy sector news: the price of Brent oil remains stable at around $70 per barrel, indicating a soft demand and supply balance in the oil market. Furthermore, Europe is reporting record gas reserves, raising questions about the maneuverability of European energy policy. A significant development includes new restrictions on gasoline exports, which may adversely affect fuel prices in the ...
Energy Sector News, Saturday, July 26, 2025: Brent Around $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban
... economy.
Energy Sector News, Saturday, July 26, 2025: Brent Approaches $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban
The latest review of the fuel and energy complex highlights key events and trends as of July 26, 2025. The global oil market shows cautious price growth — Brent crude oil is nearing $70 per barrel amid optimism in trade negotiations and coordinated actions by producers. European gas storage facilities continue to fill at record rates, reducing risks for the upcoming ...