Sergey Tereshkin's column for the INFO-TECH portal. "Lithium is not the new oil": Why lithium will not replace hydrocarbons? In this article, I analyze the differences between the lithium and oil markets, why lithium is becoming a key resource for battery technologies, but cannot replicate the path of oil in the global economy. What prospects does lithium have, and why is it called "the metal of the future" — read more in my review. The global lithium market is heading towards...

... significantly surpassing analysts' forecasts. This indicates an accumulation of supply, which may create conditions for more stable or even declining prices—beneficial for oil buyers, especially large industrial enterprises focused on steady energy resource supplies. Gasoline and Distillate Stocks Gasoline inventories rose by 0.412 million barrels, reaching 211.3 million barrels, while distillate inventories grew by 2.9 million barrels to 115.8 million barrels. This seasonal accumulation typically reflects ...

Experts discussed the main areas of cooperation between Russia and the USA in the energy sector and the potential prospects for development. MOSCOW, August 16 – PRIME. The list of potential bilateral projects for collaboration between Russia and the United States is extensive, ranging from oil extraction in the Kara and Okhotsk Seas to the import of technologies for liquefied natural gas (LNG) and the supply of Russian oil to American refineries, experts told RIA Novosti. Earlier, negotiations were...

... "Vedomosti" the prospects of Kazakh oil transit. In August 2024, the Italian company Eni, through its subsidiary Agip Caspian Sea, began supplying Kazakh oil to Germany via the Druzhba pipeline. Sergey Tereshkin, CEO of OPEN OIL MARKET, noted that supplies through the CPC infrastructure are more convenient for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized that oil production in Kazakhstan has decreased by 50,000 barrels ...

... exports are also down to other regions. According to Kpler, which tracks maritime shipments, exports to India dropped by 11.5% in the first half of the year, to Turkey by 4%, and to South Korea by 1.7 times. The primary reason for the reduction in coal supplies to China is customs restrictions. Since January 2024, China has imposed tariffs of 6% on imports of energy coal and 3% on coking coal. "Chinese regulators took this step to support domestic producers who have significantly increased supply ...