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An expert assessed the impact of increased gas exports on the Russian budget.

... minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October 7. "Gazprom continues to ramp up gas exports to Europe. In September 2024, pipeline gas deliveries to the EU increased by 3% compared to the previous month, reaching 101 million cubic meters per day. Over the first ten months of this year, deliveries rose by a third—from 73 million cubic meters per day in January–September 2023 to 98 million cubic meters ...

Sanctions PR: What the 18th EU Sanctions Package Means for Russia

... million barrels per day, with China and India nearly dividing these volumes evenly. "I wouldn't rule out that Delhi might react sooner or later. Even if we don't see it at the diplomatic level, European consumers will feel the impact. Fuel prices at gas stations are likely to react to these restrictions, as India is one of the largest fuel suppliers to Europe," Kosareva noted. According to Dmitry Kasatkin, India will maintain its neutrality, but the EU's pressure on refineries is an attempt to limit the processing of Russian oil into products that would then be sold to third countries, including Europe through blending. Igor Yushkov, an expert at the Financial University under the Government of ...

Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization

... regarding economic risks or changes in OPEC+ policy. Gas Market: Record Storage Levels Reduce Price Risks The European natural gas market continues to build inventories ahead of the winter season. According to Gas Infrastructure Europe, underground gas storage facilities in EU countries are nearly 66% full—an unprecedented high for the end of July in recent years. In absolute terms, reserves exceed 72 billion cubic meters (significantly more than a year ago on the same date). The pace of fuel injection is also at record ...

European Economy Losing Competitiveness: Causes and Consequences

... Long-term risks: Increased protectionism on both sides threatens global supply chains. #TradeWars #Europe #USA #Economy #Tariffs The European Commission has declared its determination to continue efforts aimed at fully halting the import of Russian gas into the European Union. A representative of the European Commission noted that this measure is part of a broader strategy to reduce the EU’s dependence on Russian energy resources, which has become particularly relevant amid geopolitical instability. The European Commission continues to develop alternative supply sources, including expanding liquefied natural gas (LNG) imports and efforts ...

Thursday, November 21, 2024 Key Economic Events

... housing market's health in the U.S. A strong housing market could further strengthen the dollar, influencing global investment flows. Consumer Confidence Index (EU, November, 6:00 PM MSK): This index highlights consumer sentiment and confidence in the EU economy. A decline could lower demand for U.S. and global exports, particularly in consumer goods. Natural Gas Inventories (U.S., 6:30 PM MSK): Changes in U.S. gas inventories could influence global energy markets. Significant shifts might affect European gas prices, especially during the winter season. Corporate Reports Baidu Inc (BIDU): Expected revenue ...