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Fuel and Energy Complex News - Saturday, August 2, 2025: Brent around $73; gasoline exports from Russia restricted to stabilize prices
... in 2025. Wholesale gasoline prices are currently close to levels seen at the beginning of the year and significantly below peaks from last winter. Contributing factors include relatively cheap oil (~$70 per barrel compared to >$100 a year ago) and successful reorientation of oil products import channels: the EU has established stable supplies of diesel fuel from the Middle East, Asia, and the U.S. to replace lost Russian volumes. As the expensive fuel batches purchased by European importers last ...
FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
... in 2025 have reached equilibrium. Wholesale gasoline prices are now close to early-year levels and significantly lower than the peaks of last winter. Contributing to this are relatively cheap oil (~$70 per barrel compared to >$100 a year ago) and successfully restructured fuel supply chains. European countries have compensated for the loss of Russian diesel by increasing imports from the Middle East and Asia, as well as ramping up domestic production. As a result, gasoline prices at filling stations ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... reached equilibrium in 2025. Current quotes for gasoline in the wholesale segment are close to early-year levels and significantly below last year’s peaks. This is supported by relatively cheap oil (around $70 compared to >$100 a year ago) and successful redirection of refined product imports: the EU has established stable diesel supplies from the Middle East, Asia, and the U.S. instead of relying on Russian volumes. As expensive fuel shipments purchased by European importers last winter are ...