... the results. Macroeconomic Context and the Gas Market External macroeconomic factors and the gas market situation significantly impacted Gazprom's performance in the first half of 2025. Following the price volatility of gas in 2022–2023, a relative stabilization was observed in 2024–2025, although prices remained below peak levels. The dynamics of gas prices in Europe at the beginning of 2025 were characterized by a relatively mild winter and high storage inventories, which kept export prices ...

How does the key rate affect inflation? In simple terms, we explain how the Central Bank regulates economic activity, curbs price growth, and maintains stability in the economy through changes in the key rate. Find out how raising or lowering the rate affects consumer spending, investment, and the overall economic situation. How does the key rate affect inflation? The Central Bank's key rate is the ...

... economies. Energy Sector News, Friday, July 25, 2025: Brent Below $70, Record Gas Reserves, Gasoline Export Ban from August This issue of the fuel and energy sector review covers key events and trends as of July 25, 2025. The global oil market shows price stability, with Brent oil continuing to trade below the $70 per barrel mark. Gas storage in Europe is being filled at record rates, reducing risks for the upcoming winter season. In the domestic market of Russia, decisive measures are being discussed ...

... optimism in trade negotiations and coordinated actions by producers. European gas storage facilities continue to fill at record rates, reducing risks for the upcoming winter. In the domestic market of Russia, emergency measures are being implemented to stabilize prices for petroleum products: a complete ban on gasoline exports is being discussed and the causes of the fuel shortage are under investigation. Additionally, we will examine the situation in the coal industry, the rapid development of renewable ...

... reduction of Russian gas supplies through pipelines, the EU may face significant challenges this winter. This article examines the reasons for these risks, the current situation regarding alternative supplies, and the measures EU countries are taking to stabilize the situation. Main Causes of Possible Disruptions 1. Reduction in Imports of Russian Pipeline Gas The reduction in Russian gas supplies to Europe remains a critical theme in EU energy policy. Additionally, the expiration of a five-year transit ...