... conditions. In this article, we will analyze current trends, their impact on the energy sector, and potential forecasts for the future. Energy Market News – Tuesday, July 29, 2025: Brent Around $70 Amid US-EU Deal, European Gas Stocks Increase, Fuel Export Ban in Russia At the beginning of the week, the global fuel and energy sector is showing signs of stabilization and cautious optimism. Brent crude prices have stabilized around $70 per barrel following a significant trade agreement between the US and ...

... of restrictions in May. Future Expectations If gas station prices catch up with inflation by summer’s end, government countermeasures are likely. Natalia Milchakova, a leading analyst at Freedom Finance Global, highlighted that last fall’s export ban proved effective in curbing prices, albeit with side effects, such as reduced fuel output, which could drive up prices in the medium term. Tereshkin predicts that the current price surge will be halted by a new export ban. Permission to export ...

... are European market prices used for calculating payments, when that market is no longer accessible to the oil companies? A second question follows: how logical is it to use export alternatives as a benchmark when the regulator periodically imposes export bans? For instance, diesel export restrictions were introduced after last year's fuel crisis caused by the Ministry of Finance's attempts to "halve" the damper. Meanwhile, the ban on gasoline exports was imposed twice this year: from March ...

... restriction beyond August 31, if there is no significant stabilization in wholesale and retail price segments. “Against the backdrop of falling refinery profitability, exchange prices are likely to remain around current levels regardless of whether the export ban is extended,” — Sergey Tereshkin , Russian Gazette . Thus, Russia's example illustrates that even one of the largest gasoline exporters is willing to restrict external sales to protect domestic consumers. This underscores the existence of local ...

...." Concerns also arise regarding the price cap, according to Shevyrenkov from IEF. "It is stated that it will be reduced to $47.6 per barrel, which is unfavorable for Russian exporters, but does not fundamentally change the situation regarding export flows," he says. Ban on Products from Russian Oil Most of the announced sanctions measures will be difficult to administer, believes Sergey Tereshkin, CEO of the Open Oil Market platform. "Sanctions against the 'shadow fleet' and the ban on imported petroleum products ...