Leading events in the field of energy in the world and in Russia. November 10, 2026.
1 Winter in my word: Europe may not have enough fuel in January.
European Union countries are not currently facing problems with the reliability of natural gas supplies, despite lower than normal levels of reserves in underground storage facilities, said European Commission spokeswoman A.-K. Crying.
Storage capacity in Europe fell to around 74% from less than 73% during the week, with large disparities between countries: some exceeded 80%, with Germany remaining below 60%.
The European Commission and ENTSOG rely on the flexibility of the gas infrastructure and the growth of the LNG supply - the regasification capacity of the European Union is estimated at about 145 billion cubic meters. m for the winter season. However, with limited LNG availability, supplies could drop well below 30% by the end of winter, increasing the risks during extreme cold.
2 barrel votes for peace: Brent lost 2.5% during the meeting in Abu Dhabi.
The negotiations between Russia, the United States and Ukraine in Abu Dhabi, which began on November 10, 2026, are already affecting the global energy sector: the very announcement of the meeting caused a drop in prices, and on November 3, Brent futures fell by about 1% to $103.60 per barrel. By 17:45 Moscow time, Brent for delivery in January costs $90.25 (-2.5%), WTI for delivery in December costs $85.29 per barrel (-1.8%).
Analysts attribute the drop in value to hopes for an end to the conflicts and an increase in supplies. The market reaction shows that oil prices now include the likelihood of de-escalation even before there are concrete agreements.
3 Unlikely: Turkey reduces purchases of Russian gas.
According to the head of the Turkish Ministry of Energy, Alferslan Beirqatar, the decrease in Turkish gas purchases from Russia is explained not by politics, but by the price - Russian gas is too expensive for Turkey. Russia remains Turkey's largest gas supplier, but its share of Turkish imports has fallen from 64% in 2006 to 37% in early 2025.