... between the U.S. and China are ongoing to resolve trade disputes, and the U.S. Federal Reserve, following its July 30 meeting, kept its rate unchanged. Soft monetary conditions combined with the resolution of trade disputes could support demand for energy resources in the second half of the year. Gas Market: Record Storage Filling and Relative Price Stability The European gas market remains in the spotlight. EU countries are accelerating the injection of natural gas into underground storage facilities in preparation for the winter heating season. By the beginning of August, European UGS facilities are over 73% full (compared to ~59% a month earlier), translating to over 75 billion cubic meters of reserves....

... Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia). The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact the economy. For more details, read the article on the website! Gasification and the increase in supplies to Europe have driven the growth of natural gas production in Russia, said Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, in an interview with Izvestia on September 26. Natural gas production in Russia grew by 12% in August 2024 compared to the ...

... generated from coal—the highest share in several years. This surge is driven by multiple factors: High Gas Prices: The rise in natural gas prices has made coal a more economically attractive fuel for generation, especially for baseload capacities. Reliability ... ... situation demonstrates the complexity of navigating a transition period in energy systems worldwide without leveraging older resources. For investors, this signals that the oil and gas sector, alongside coal, will retain significance in the coming years—provided ...

... connect with buyers. Launching Our Marketplace A bit of background on why we decided to create our own marketplace: Oil Resource Group has been active in the petroleum products trading market since 2014. Today, our group operates in both domestic ... ... and offering convenience. For businesses, especially those led by Generation Z professionals, technology integration is second nature. Commodity marketplaces, however, are a relatively new concept in e-commerce. These platforms connect buyers and sellers ...

... propane-butane) as a more affordable option for transportation is increasing. Some transport companies are switching to compressed natural gas to lower fuel expenses. In addition, gas and coal are the essence of energy generation, affecting electricity tariffs,... ... and on the other, demand for coal remains high in Asia. For Russia, coal remains a significant export item and an important resource for thermal energy. Coal prices have been volatile in recent years, but for the domestic market, fuel coal remains relatively ...