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Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
... gas market maintains relative stability, thanks to active filling of underground storage facilities ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain balance: the OPEC+ alliance is preparing to increase oil production in August to avoid shortages, while the U.S. Federal Reserve’s decision to keep interest rates unchanged signals stability in macroeconomic conditions, boosting investor optimism. In Russia, the recently implemented ban on gasoline exports ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... American fuel prices occurs alongside improvements in refining conditions. Spring maintenance at refineries has been completed, and the production of gasoline and diesel is at seasonally high levels. An additional factor is OPEC+: the cartel's increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, indirectly facilitating further gasoline price reductions. In other words, the American refined products market is currently favorable for consumers: ...
Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... diversified customer flows, not just large traders. If negotiations are successful, our geographic coverage will significantly expand.
— Org-market.com launched in December 2020. What have been the results?
— If we talk about numbers, 41,000 tons of oil products have been sold, and revenue amounted to about 2 billion rubles. The project earns through licensing fees for the use of the platform and additional modules. For comparison: "Oil Resource Group" revenue in 2020 was 12.5 billion rubles....
Experts predict a decrease in oil prices in 2025
... Argentina. Sergey Tereshkin, CEO of OPEN OIL MARKET, highlights that rising production in these regions is putting downward pressure on prices, despite OPEC+'s efforts to regulate the market. He also points to potential plans by Saudi Arabia to boost oil production, which could further reinforce the downward price trend.
Experts predict a decrease in oil prices next year. According to analysts, crude oil will become cheaper amid rising production in the United States and OPEC+ countries.
Sergey Tereshkin,...
Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
... market is relatively calm due to record filling of underground gas storage ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain balance: from August 1, the OPEC+ alliance is commencing a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve's decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism. In Russia, an export ban on gasoline remains in effect, aimed ...