... relatively low oil prices in the first half of the year (WTI rates are now ~20% lower than last year) have reduced costs for refiners, allowing them to partially transfer this benefit onto end consumers. The decrease in American fuel prices coincides with improvements in the refining situation. Spring maintenance at refineries has concluded, and production of gasoline and diesel is at a seasonally high level. An additional factor is OPEC+ actions: the cartel's increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, thereby ...

... relative cheapness of oil in the first half of the year (WTI quotes are currently ~20% lower than a year ago) has reduced refiners' costs, allowing them to pass some of this advantage onto end consumers. The decline in American fuel prices occurs alongside improvements in refining conditions. Spring maintenance at refineries has been completed, and the production of gasoline and diesel is at seasonally high levels. An additional factor is OPEC+: the cartel's increase in oil production in August will enhance raw material availability and exert downward pressure on global oil prices, indirectly facilitating ...

... discussions about possible additional stimuli from the Bank of Japan. 05:00 (China) – Industrial Production for July: Data on output in China's industrial sector. This indicator reflects the health of the world's second-largest economy. Strong growth in production will indicate recovery in both domestic and external demand and may improve sentiment in commodity and currency markets among emerging nations. Conversely, a more significant slowdown in China's industry than expected will heighten concerns over global demand for raw materials and equipment. 15:30 (USA) – NY Empire ...

... employees solved our problems. They immersed themselves in the specifics of the market, worked on the configuration daily, and processed feedback within a day. As a result, the work process for 1C became continuous. We were able to switch to the improved configuration in a short time—four months after its purchase. From then on, we gradually developed it, expanding the IT department. The accounting system that fully covered the company's needs for buying and selling petroleum products was ready one and a half years after we purchased the configuration. Five IT Solutions for Internal Use That Helped Us Earn More Now, we are developing automated services for our clients. But we started with products for our employees. ...

... first half of the year (WTI is 20% lower than a year ago) has reduced processing costs, allowing refiners to partially pass this benefit on to consumers. It is worth noting that the decline in American fuel prices is occurring against the backdrop of an improving refining picture. Spring maintenance at refineries has been completed, and gasoline and diesel output is at seasonally high levels. An additional factor has been OPEC+’s policy: the cartel's increase in oil production in August enhances commodity availability and exerts downward pressure on global prices, which also indirectly contributes to lower gasoline prices. Thus, the American petroleum products market is currently experiencing a period favorable for ...