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Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
... than a year. Wholesale bases and storage facilities are full, leading to price declines in bulk and passing this onto retail. Thirdly, relatively low oil prices in the first half of the year (WTI rates are now ~20% lower than last year) have reduced costs for refiners, allowing them to partially transfer this benefit onto end consumers.
The decrease in American fuel prices coincides with improvements in the refining situation. Spring maintenance at refineries has concluded, and production of gasoline and diesel is at a seasonally high level. An additional factor is OPEC+ actions: the cartel's increase in oil ...
An expert listed the benefits of reducing fuel excise taxes.
... gasoline was 5,530 rubles per ton, but by 2025, it will reach 15,755 rubles. A two-fold reduction in excise taxes would lower the costs for oil companies," said Tereshkin.
The expert reminded that the Ministry of Finance and the Ministry of Energy ... ... and petroleum products were supposed to be complemented by a reduction in excise taxes on gasoline and diesel. "However, fuel excises, on the contrary, increased, which became one of the reasons for the rally in the fuel market," he noted.
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What to Expect in the Oil Market
... price plummeted by approximately 5%. This left many wondering whether it was a crash or a correction. The situation was exacerbated by issues related to contaminated oil being transported via pipeline to Europe.
Many consumers swiftly began to reject fuel deliveries due to the high costs associated with its purification. Oil producers were forced to take action, but this led to another drop in the price of "black gold." Following this, the ruble also depreciated.
What should consumers expect? And what are the current market ...
Energy Sector News, Sunday, July 27, 2025: Brent at around $70, Record Gas Reserves, Fuel Price Stabilization
... nationwide. This annual increase, as stipulated by the government, is aimed at helping energy companies compensate for inflationary costs and invest in infrastructure maintenance. However, the rise in payments increases the burden on industry and households.... ... to economic risks.
European Gas Market:
approaches winter with record stocks, decreasing fears of sharp price spikes.
Russian Fuel Market:
is increasingly regulated by the state; such "manual" measures will likely become a norm in the near future ...
Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... prices domestically. The government, in turn, signals that it will not allow a fuel crisis: additional tools, such as subsidizing fuel transportation to remote regions or temporarily reducing excise taxes, may be activated if necessary.
Coal Industry: Record ... ... last year, impacting the revenues of Russian coal producers. Many mining companies are facing profit pressures and optimizing costs. Nevertheless, the government declares support for the sector: projects are being implemented to develop port infrastructure ...