... have effectively ceased due to the ongoing embargo, and pipeline gas supplies have been reduced to minimal levels. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts with alternative suppliers are being negotiated) to replace the volumes that have been lost. However, completely abandoning Russian gas in the short term is challenging for Europe: some countries, such as Hungary, continue to rely heavily on Gazprom's gas ...

... virtually ceased due to the existing embargo, while pipeline gas deliveries have been lowered to minimal volumes. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts with alternative suppliers are being signed) to replace the volumes lost. However, fully abandoning Russian gas in the short term is challenging for Europe: certain countries, such as Hungary, are still significantly dependent on Gazprom gas due to previously ...

... a ~3% GDP growth in the U.S. in Q2) supports optimism, while an economic slowdown might cool fuel demand. Gas Storage Replenishment. Progress in Europe towards achieving the goal of 90% gas storage capacity by the heating season, as well as securing alternative gas supplies (via LNG and other routes) will determine the gas market situation in autumn and winter. Sufficient reserves can help stabilize prices, while setbacks in the schedule or import disruptions may return volatility. OPEC+ Actions ...

... growth in the U.S. in Q2 2025) supports optimism; however, economic slowdowns anywhere could cool fuel demand. Filling of Gas Storage Facilities: Europe’s progress towards achieving the 90% filling target for UGS by the heating season and ensuring alternative gas supplies will shape the price situation in the gas market in the fall and winter. OPEC+ Actions: Compliance by OPEC+ countries with planned oil production increases and decisions made at upcoming alliance meetings will influence market ...

... reminded that the goal of these purchases is to ensure stable and affordable energy prices for Indian consumers, a priority for one of the largest economies in the world. Analysts estimate that India may resort to retaliatory measures or increase focus on alternative partners, such as China or Middle Eastern countries willing to cooperate outside the umbrella of American sanctions, in the event of escalation of the trade conflict with the U.S. Global Oil Prices Decline Amid Market Expectations Oil prices ...