... barrel, generating substantial interest among experts and 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 shifts in consumption. Discussions on these issues are becoming particularly pertinent against the backdrop of global trends, such as the development of renewable energy sources and potential restrictions ...

... weeks. Gas Market: Rising Stocks, High Prices The gas market is primarily focused on Europe. The European Union continues to rapidly inject natural gas into underground storage, aiming to prepare for the upcoming winter. As of the end of July, European gas storage facilities are more than two-thirds (around 70% capacity) full – up from about 59% a month ago. Total stocks have exceeded 70 billion cubic meters and are gradually approaching the target of 90% by the start of the heating season. In June, the ...

... energy crisis. Back in 2023, some EU countries were compelled to increase electricity generation from coal due to gas shortages, leading to a spike in CO 2 emissions and record electricity price growth. However, by 2025, the situation has stabilized: gas storage facilities are filled, new wind and solar power plants have come online, and the share of coal in the EU energy mix is once again declining. Despite new temperature records (for instance, extreme heat at the end of July caused water overheating ...

... become a strategic trend, especially following the energy crisis. In 2023, when some EU countries temporarily increased coal generation due to gas shortages, CO 2 emissions and electricity prices surged. However, by 2025, the situation has stabilized: gas storage is full, new wind and solar generation capacities have been introduced, and the share of coal in the EU's energy balance is once again decreasing. Despite new temperature records (for instance, heat in the second half of July led to overheating ...

... providing insights into the region’s economic health. In Asia, China’s fixed asset investment data and Japan’s revised industrial production will give a pulse on manufacturing and infrastructure. In the U.S., weekly jobless claims and natural gas storage reports will be in focus alongside the FOMC rate decision and press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events ...