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Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
..., while oils and petroleum products accounted for 16.1% (€42 billion). This suggests the ambition of the U.S. to increase its share of energy imports from 18% to 67.5%. Tamara Safonova, Director General of the Independent Analytical Agency for the Oil and Gas Sector (“NAANS-MEDIA”), reminded that Europe became the largest oil-importing region last year, purchasing 463 million tons, or 21% of global oil import flows. Additionally, she noted that petroleum product imports reached 218 million tons, constituting ...
Key Economic Events and Corporate Earnings: Week of August 4 - 8, 2025
... progress is made. The markets in the CIS and the ruble's exchange rate will be particularly sensitive to possible sanction news.
20:00 (USA): Baker Hughes data on the number of active drilling rigs for the week. A traditional weekly wrap-up for the oil and gas sector: changes in the number of rigs signal trends in oil and gas production in North America.
Corporate Earnings:
Before market open:
Major corporate earnings on the last day of the week are virtually absent. Among the few expected morning publications ...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... comparison, from 2020 to the first half of 2024, 5.3 GW of gas-fired power plants were commissioned," said the CEO of OPEN OIL MARKET.
He added that in the housing sector, gasification and degasification programs would play an important role, with visible effects already observed this year.
"For example,... ... supplies to the domestic market increased by more than 150 million cubic meters per day, which exceeds the current volume of gas supplies to the EU," Tereshkin concluded.
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Sourse: https://iz.ru/1752573/sofia-smirnova/topit-svoe-es-narastil-import-rossiiskogo-gaza
Economy: Experts Predict Gas Price Increase in Europe
Tereshkin: Gas Prices in Europe Will Rise This Winter (Izvestia)
Experts ... ... market, including the geopolitical situation, seasonal demand, and the actions of major suppliers. Experts provide forecasts for ... ... megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET.
He explained ... ..., EU countries have been deliberately saving gas in the energy sector, housing, and industry.
"In the medium term, the ...
An expert assessed the impact of increased gas exports on the Russian budget.
Expert Tereshkin: Increased Gas Exports Will Help Minimize Budget Losses (Izvestia).
The ... ... the impact of rising gas exports on Russia's budget: key aspects and forecasts. Find out what changes await the Russian economy ... ... Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October ... ... ability of the Russian budget to minimize losses from the gas sector will largely depend on the further dynamics of gas exports ...