Gazprom’s gas supplies to Turkey soared by 125.3% year-on-year between Jan. 1-Oct. 15, the data showed, while exports to Germany and Italy were up 28.2% and 16.3.% from a year ago, respectively.

«Нефтяной рынок восстанавливается последовательно. Мы видим, что в 2021 году общий рост спроса составит 6 млн баррелей, а к концу года мы надеемся на полное восстановление спроса»,

Russia has repeatedly said that the early launch of Nord Stream 2 would help ease the current high gas prices in Europe, which have soared in recent weeks on intensifying concerns over winter gas supply amid lower-than-expected Russian deliveries.

World oil demand is estimated to increase by 5.8 mb/d in 2021, revised down from 5.96 mb/d in the previous month’s assessment.

Speaking at Russian Energy Week, Novak also said the Nord Stream 2 pipeline would be ready to begin commercial operations "in the coming days" but that its startup still depended on winning approval from European regulators.

U.S. commercial crude oil inventories increased by 6.1 million barrels from the previous week to 427.0 million barrels.

In a statement after the meeting, Ukrainian President Volodymyr Zelenskyy, EU Council President Charles Michel and European Commission President Ursula von der Leyen reaffirmed their “continued commitment to strengthening the political association and economic integration of Ukraine with the European Union.”

The steep rise in European gas prices has been driven by a combination of a strong recovery in demand and tighter-than-expected supply, as well as several weather-related factors.

Gazprom increased gas supplies to Turkey (+138.3 per cent), Germany (+33.2 per cent), Italy (+14.2 per cent), Romania (+305.6 per cent), Serbia (+125.2 per cent), Poland (+11.2 per cent), Bulgaria (+52.5 per cent), Greece (+10.8 per cent), and Finland (+17.5 per cent).

U.S. commercial crude oil inventories increased by 2.3 million barrels from the previous week to 420.9 million barrels.

This unique project counts among the most advanced and complex HVDC (high-voltage direct current) projects of its kind worldwide and stands as the first inter-continent HVDC project in the world.

U.S. commercial crude oil inventories decreased up 4.6 million barrels from the previous week to 418.5 million barrels.

Azerbaijan is the second-largest natural gas supplier to Turkey accounting for a quarter of total imports, after Russia (33%).

15-year contracts signed for supplies of Russian gas to Hungary

Slovak natural gas transmission system operator Eustream aims to be technologically ready to blend up to 5% hydrogen into its gas system by 2023