Found: 333

Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban

... valuable for investors and stakeholders in the fuel and energy sector—from oil, gas, and fuel companies to electricity, coal, and RE sector specialists. Oil Market: Price Stability Amid Trade Agreements and Supply Growth At the start of the week, oil prices maintain relative stability, with Brent trading around $69 per barrel. Market equilibrium is supported by a balance between positive factors and mitigating risks. Demand and Trade Agreements. Market participants are encouraged by progress in U....

Why the ban on gasoline exports did not stop the rise in gas station prices

... gas stations. Despite the export restrictions, prices continued to rise due to several factors, including scheduled refinery maintenance, an increase in the key interest rate, and fluctuations in the ruble exchange rate. The impact of international oil prices and seasonal factors also play a role in price changes. Experts predict that gasoline price growth will outpace inflation in 2024, especially for premium fuel grades. Retail gasoline prices have been outpacing inflation significantly for the second ...

Sanctions PR: What the 18th EU Sanctions Package Means for Russia

... seriously affected either the volumes of oil transportation or the Urals discount to Brent. Therefore, the 18th sanctions package will not be overly painful for the Russian fuel and energy complex," the expert concluded. REFERENCE: The current oil price ceiling has been in place since December 2022. In February 2023, a price cap of $100 per barrel was introduced for light oil products (diesel fuel, gasoline) and $45 per barrel for dark products (fuel oil). It was supposed that the functioning ...

OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It

We discuss why oil prices remain high despite the OPEC+ standoff and Trump's influence, as well as the role of threats directed at Russia. Eight OPEC+ countries have announced a new increase in oil production for September, effectively ending their plan to adhere to voluntary ...

Sergey Tereshkin: Adjusting the damper may lead to an increase in exchange fuel prices.

... either of these values is exceeded, the damping is nullified. The mechanism can also work in reverse if export prices are lower than domestic prices. However, this has only happened once in the history of the damping mechanism (since 2019), in 2020, when oil prices collapsed. As for extending the application of the investment surcharge on reverse excise duty for oil until January 1, 2033, Tereshkin believes that this measure will support the industry. The investment surcharge is intended for oil refineries ...