... interests above all: India’s key priority is to ensure affordable energy prices for its population and economy. Purchasing Russian oil helps curb fuel price increases in the domestic market. The West trades with Russia: In New Delhi, it was reminded that EU countries still import gas, petrochemicals, fertilizers, and other resources from Russia, while the U.S. obtains some categories of Russian goods (such as nuclear materials). This undermines the demand to completely cease trading with Russia as unjust ...

... 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 — an unprecedentedly high level for the end of July over recent years. In absolute terms, the storage volume exceeds 72 billion cubic meters (significantly less was accumulated a year ago on the same date). The rates ...

Tomorrow brings critical decisions from the central banks of Turkey and South Africa, shaping emerging market currencies and global trade dynamics. U.S. labor market data and EU consumer confidence reports will set the tone for market movements, while corporate earnings from tech giants like Baidu and PDD, along with U.S. retail leaders, provide insights into sector performance. Key Economic Events for Thursday, November ...

... recent statement by the President of the European Commission Ursula von der Leyen about the potential replacement of Russian liquefied natural gas (LNG) with American LNG once again focuses attention on the energy security and independence of Europe. The EU is seeking to diversify gas sources and reduce dependence on Russia, but how realistic is it to do so? Let's figure out what opportunities and risks this idea hides and how replacing Russian LNG with American LNG will affect the European market and ...

Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia). The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact ...