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Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled

... investors. The increase in oil prices is attributed to various factors, including steady demand for hydrocarbons and declining stock levels in major storage facilities. At the same time, European gas storage is filling at record rates, indicating upcoming ... ... significantly shortened the timeframe set for achieving a ceasefire in Ukraine (an ultimatum of about 10 days) and indicated that he is "not concerned" about market reactions to potential new stringent measures against Russia. This refers to the potential ...