... 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 challenges? In this article, we look at the main causes of potential disruptions, the EU’s response to diversify supplies and create reserves, as well as the prospects and risks for the upcoming winter season. Read on to find out how Europe is coping with this year’s energy challenges! Risks of Gas Supply Disruptions for Europe This ...

... Europe faces potential gas supply disruptions due to reduced Russian imports and global energy market instability. This article explores the main causes of these risks, including limited LNG availability and geopolitical challenges. We also look at the EU's response—expanding LNG imports, building strategic 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, affordable supplies ...

... up to 70% of the European energy market and what it means for Europe and global energy dynamics. The United States aims to capture a dominant share of the European energy market. Under a framework agreement between the U.S. and the European Union (EU), the total value of U.S. energy exports to the EU is projected to reach $750 billion over the next three years. Consequently, American imports in Europe’s energy mix could account for 67.5%. This shift requires the EU to completely eliminate its ...

... meeting on July 30. Loose monetary conditions, along with resolution of trade disputes, could support fuel demand in the second half of the year. Gas Market: Storage Filling Accelerates, Prices Remain High In the gas market, Europe remains in focus. EU countries are ramping up natural gas injections into underground storage facilities at accelerated rates in preparation for the winter season. By the end of July, European UGS facilities were over 70% filled (up from ~59% a month earlier), corresponding ...

... in Russia At the beginning of the week, the global fuel and energy sector is showing signs of stabilization and cautious optimism. Brent crude prices have stabilized around $70 per barrel following a significant trade agreement between the US and the EU, while the European gas market is receiving support from accelerated injections into storage. Meanwhile, authorities and producers are taking steps to balance the markets: OPEC+ is increasing production, and Russia has temporarily restricted gasoline ...