... situation is expected in the coming weeks. According to government estimates, in September gasoline production will exceed domestic consumption – this will eliminate the deficit and cool retail prices. At the same time, accumulated reserves of petroleum products ... ... preparing new proposals to prevent similar crises in the future. Below is a detailed overview of key news and trends in the oil, gas, coal, electricity, and raw material sectors as of this date. Oil Market: Prices Stabilized Around $70 Despite Oversupply ...

... previous years. In absolute terms, reserves exceed 75 billion cubic meters of gas. Several factors have enabled this rapid progress: A relatively mild past winter, resulting in lower than usual gas withdrawals during the cold season. A reduction in gas consumption in European industry and energy sectors due to conservation measures and a shift to alternative sources following high prices in recent years. High supplies of liquefied natural gas ( LNG )—approximately 12 billion cubic meters of LNG (primarily ...

... aimed at stabilizing the situation in the domestic fuel market. Below is a detailed overview of key news and trends in the oil, gas, electricity, and raw materials sectors as of this date. Oil Market: Excess Supply and Cautious Demand Pressure Prices Global ... ... eased, leading to an increase in global oil and petroleum product inventories. Slowing Demand Growth: The pace of global oil consumption is decreasing. The International Energy Agency (IEA) has revised its demand growth forecast for 2025 down to around ...

... traditionally more optimistic, estimates demand growth for 2025 at only ~1.3 million barrels per day compared to 2.6 million in 2023. Consumption rates are clearly declining, raising risks of market oversupply. Geopolitical Uncertainty. The US-Russia negotiations ... ... other hand, the very fact of dialogue between leaders instills hopes for gradual lifting of certain restrictions in the oil and gas sector in the future. As a result of these factors, the oil market trends towards surplus, keeping prices under pressure. ...

... competition with Asian buyers for new batches of LNG may intensify if Asian economies strengthen their growth. European regulators and energy companies continue to monitor the situation closely, ready to implement additional measures if necessary – from consumption restrictions to emergency fuel purchases. For now, the balance in the EU gas market appears relatively stable, and prices remain moderate, creating favorable conditions for the region's industry and energy sector on the eve of the heating season. Energy Transition and Traditional Generation: Searching for Balance The global ...