Russian Prime Minister Mikhail Mishustin signed a decree restricting public disclosure of crude oil export statistics, as European LNG bunker prices surged due to Norwegian supply outages. Meanwhile, Brent crude traded near $115.46 per barrel, and political leaders in Yerevan warned against withdrawing from the Eurasian Economic Union.
Global market
Brent crude futures traded at $115.46 per barrel, driven by Middle East security concerns and potential post-midterm escalation risks noted by ING Commodity Strategists. In maritime logistics, delisted crude tankers previously carrying Venezuelan oil resumed operations in the Persian Gulf, expanding transport capacity. In European gas markets, LNG bunker prices at the Port of Rotterdam surged by $121 to $1,776 per metric ton following Norwegian supply outages and colder weather forecasts, while Dutch TTF natural gas futures reached $31.87 per MMBtu ($1,657 per metric ton). Additionally, seven Japanese shipping and shipbuilding companies formed a consortium to construct four ammonia-fueled car carriers.
Russia & CIS
Russian Prime Minister Mikhail Mishustin signed a decree limiting public access to custom export data for crude oil and petroleum products, classifying specific commodity codes. On international projects, Rosatom Director General Alexey Likhachev reported foreign interference attempts against the El-Dabaa Nuclear Power Plant construction in Egypt. Meanwhile, Gazprom Deputy Chairman Vitaly Markelov confirmed readiness to collaborate with African nations on hydrocarbon exploration. In corporate credit ratings, NCR Agency affirmed Transneft’s rating at AAA.ru with a stable outlook, while Uzbekneftegaz initiated talks with Malaysia’s Petronas regarding natural gas deliveries to Uzbekistan.
Armenia
Prosperous Armenia party leader Gagik Tsarukyan warned that withdrawing from the EAEU would cause thousands of corporate bankruptcies and severe economic contraction across the nation. Regional energy integration and EAEU trade protocols remain vital for economic stability. Despite global Brent crude holding at $115.46 per barrel and European LNG price surges, retail prices for petrol, diesel, and compressed natural gas in Armenia remain stable. Direct natural gas imports from Russia and generation at the Armenian Nuclear Power Plant operate at full capacity under long-term EAEU contracts, shielding domestic consumers from global price shocks recorded in international market price assessments.