... continuing to trade below the $70 per barrel mark. Gas storage in Europe is being filled at record rates, reducing risks for the upcoming winter season. In the domestic market of Russia, decisive measures are being discussed to stabilize prices for oil products , including a complete ban on gasoline exports starting August 1. We will also look into the situation in the coal industry, developments in renewable energy sources (RES) , electricity generation statistics, and some geopolitical aspects of ...

... updated on all relevant energy sector news and their implications for the global economy. Current News in the Fuel and Energy Sector as of August 11, 2025: Tightening Sanctions on Russian Oil, Stabilization of Brent Prices Below $70, Export Ban on Oil Products in Russia, Gas Reserves Refilling in Europe, and Renewable Energy Records. The recent developments in the fuel and energy sector as of August 11, 2025, are attracting significant attention from investors and market participants. Washington continues ...

Discussing the factors influencing OPEC+'s decision to refrain from cutting oil production and its impact on the global market. MOSCOW, August 5 - PRIME. The decision of eight OPEC+ countries to abandon the current oil production cuts of 1.65 million barrels per day will depend on the level of oil prices and the trade wars initiated ...

... interest in the implementation of renewable energy sources (RES) as an alternative to traditional hydrocarbons. This balance of influences in the energy sector is crucial for understanding future trends in the energy market and countries' dependency on oil products. Energy Sector News, Monday, July 28, 2025: Brent Near $70, EU Gas Stores Close to 70%, Gasoline Export Ban In the latest review of the fuel and energy sector, we examine key events and trends as of July 28, 2025 . The global oil market begins ...

... The IEA forecasts that by 2030, India's refining capacity will increase by 1 million b/d, positively impacting Russian oil supplies," Tereshkin said. In his opinion, Russian exporters will also benefit from the prolonged stagnation of India's oil production sector. In 2013, India's oil production stood at 921,000 b/d, compared to 728,000 b/d in 2023—more than twice as low as the current volume of Russian oil supplies to India. Thus, Russian suppliers' raw materials will continue to find stable ...