... fuel and energy sector demonstrates stability and moderate growth. Oil prices remain at a high level: the North Sea Brent mark is holding around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and high seasonal demand. The European gas market feels relative calm due to record injection rates of fuel into underground storage facilities ahead of winter. Concurrently, regulators and market participants are taking steps to maintain balance: as of August 1, the OPEC+ alliance has begun a ...

... global fuel and energy complex is showing moderate growth and signs of stabilization. Oil prices remain high, with Brent holding steady around $73 per barrel (the highest since late June) amid ongoing geopolitical risks and strong seasonal demand. The European gas market remains relatively calm due to record replenishment of fuel stocks in underground storage ahead of winter. At the same time, regulators and market participants are taking measures to maintain balance: as of August 1, the OPEC+ alliance has initiated ...

... trading center is linked to increasing Turkey’s role as a 'transit' country for natural gas. In particular, Turkey ensures 60% of the transit of Russian gas to Europe.” By the end of the decade, Turkey may emerge as a natural gas producer for the European market. This relates to the development of the Sakarya field in the Turkish part of the Black Sea,” says Sergey Tereshkin, CEO of Open Oil Market. The reserves of Sakarya are estimated to be at least 540 billion cubic meters of gas. Current gas production ...

... resources, I deeply understand the importance of a strategic approach to ensuring energy resources in the context of global change. Our goal at OOM is to provide businesses with direct access to suppliers, enhancing transparency and resilience in the energy market. The European experience also highlights the significance of building strategic reserves and effective resource management, and we at OOM strive to ensure that our partners have access to stable, cost-effective energy resources for reliable business planning,...

... final estimate of the manufacturing PMI, confirming the sector's status at the start of Q3. Overall, Asian macroeconomic signals will set the backdrop for the trading day. Europe: Inflation in the Eurozone and Industrial Trends As the day unfolds in European markets, attention will shift to inflation and industrial data. **Eurostat** will release the preliminary estimate of inflation in the Eurozone for July (flash CPI) around 12:00 MSK. It is expected that the annual growth of consumer prices will remain ...