Leading events in the field of energy in the world and in Russia. October 29, 2026 1 Vadis line? Brent could reach $105 in 2027. The World Bank, in its "Prospects for Commodity Markets" report, predicted a 32% increase in world energy prices in 2026 due to the war between the United States and Iran after a three-year period of decline. Brent crude will average $91 a barrel, up from $69 in 2025, and global oil supply will fall 5.2%, the largest decline in more than four decades, not including 2020. The forecast is based on the lack of escalation of conflicts affecting the supply of raw materials. However, in a worst-case scenario, Brent could reach $105 a barrel in 2027, increasing the vulnerability of the global economy to further supply shocks. 2 Sakhalin, "friendship" and titanium: FT revealed a set of economic incentives Russia and the US are discussing the possible return of American companies to the Russian oil sector as part of the negotiations on a settlement in Ukraine, the "Financial Times" reports citing sources. Among the initiatives are the return of ExxonMobil to the Sakhalin-1 project, the resumption of Russian oil supply to Europe through the Druzhba pipeline, the opening of Russian airspace for the passage of American airlines and the renewal of cooperation in the production and supply of titanium. At the same time, ExxonMobil has stated in the past that it does not plan to resume work in the country, and the execution of projects is possible only after the end of hostilities. This indicates a link of economic incentives to the progress of peace negotiations. 3 From boiler houses to new areas: a meeting of the Russian government was dedicated to the winter. At a meeting on October 29, Prime Minister Mikhail Meshustin discussed preparations for the fall-winter period with the heads of the relevant departments - Minister of Construction, Housing and Community Services Irak Faizulin and Minister of Energy Sergey Tsibilev.

Leading events in the field of energy in the world and in Russia. October 29, 2026 1 Vadis line? Brent could reach $105 in 2027. The World Bank, in its "Prospects for Commodity Markets" report, predicted a 32% increase in world energy prices in 2026 due to the war between the United States and Iran after a three-year period of decline. Brent crude will average $91 a barrel, up from $69 in 2025, and global oil supply will fall 5.2%, the largest decline in more than four decades, not including 2020. The forecast is based on the lack of escalation of conflicts affecting the supply of raw materials. However, in a worst-case scenario, Brent could reach $105 a barrel in 2027, increasing the vulnerability of the global economy to further supply shocks. 2 Sakhalin, "friendship" and titanium: FT revealed a set of economic incentives Russia and the US are discussing the possible return of American companies to the Russian oil sector as part of the negotiations on a settlement in Ukraine, the "Financial Times" reports citing sources. Among the initiatives are the return of ExxonMobil to the Sakhalin-1 project, the resumption of Russian oil supply to Europe through the Druzhba pipeline, the opening of Russian airspace for the passage of American airlines and the renewal of cooperation in the production and supply of titanium. At the same time, ExxonMobil has stated in the past that it does not plan to resume work in the country, and the execution of projects is possible only after the end of hostilities. This indicates a link of economic incentives to the progress of peace negotiations. 3 From boiler houses to new areas: a meeting of the Russian government was dedicated to the winter. At a meeting on October 29, Prime Minister Mikhail Meshustin discussed preparations for the fall-winter period with the heads of the relevant departments - Minister of Construction, Housing and Community Services Irak Faizulin and Minister of Energy Sergey Tsibilev.