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Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
On July 31, 2025, amidst ongoing fluctuations in global oil and gas prices, a significant event unfolded in the Russian energy market. The price of Brent crude surpassed $72 per barrel, generating ... ... took an unprecedented step to stabilize domestic fuel prices. As of July 30, a temporary full ban on gasoline exports for all companies, including major producers and refineries, has come into effect, lasting until August 31, 2025. This emergency measure ...
Economy: Experts Predict Gas Price Increase in Europe
Tereshkin: Gas Prices in Europe Will Rise This Winter (Izvestia)
Experts Predict Gas Prices in ... ... the energy resource market, including the geopolitical situation, seasonal demand, and the actions of major suppliers. Experts provide forecasts for the near future and share their opinions on what consumers and companies can expect.
Read more: Economy: Experts Forecasted a Rise in Gas Prices... ... from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET.
He explained that under the current...
Gas Supply Risks for Europe This Winter
With winter approaching, Europe faces potential gas supply disruptions due to reduced Russian imports and global energy market instability. This article explores the main causes of these ... ... reserves, and improving energy efficiency—to ensure energy security. As founder of Open Oil Market, I emphasize the importance of a resilient energy strategy to secure stable... ... remains, particularly if the winter is severe or if demand spikes unexpectedly. Energy companies warn that a sudden surge in gas prices could negatively impact both businesses...
Economic Events and Company Reports - Friday, August 8, 2025: Trump's Ultimatum, Baker Hughes Rigs, Reports from The Trade Desk and Kenvue
... oil production in the future, which, all else being equal, supports prices. Given the potential for new sanctions against Russian exports, any signal of restraint in U.S. production will heighten expectations for a tighter oil market.
Response from oil and gas companies:
investors in U.S. oil companies (ExxonMobil, Chevron, etc.) will evaluate Baker Hughes' report in conjunction with price dynamics. If rig counts decrease and oil prices rise, financial performance for oil and gas corporations could improve ...
Risks of Gas Supply Disruptions for Europe in Winter
As winter approaches, Europe may face serious disruptions in gas supplies due to reduced imports of Russian pipeline gas and instability in global energy markets. How is the European Union preparing for these ... ... likelihood that a cold winter or sudden spikes in demand could lead to disruptions. Energy companies are warning that a sharp rise in gas prices might negatively impact businesses... ... stability and availability of energy resources in the long term.
As the founder of
Open Oil Market (OOM)
, a platform for wholesale trading of oil products and resources, I...