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Weekly Economic Events Calendar for Traders in the U.S. and Russia (November 11 – November 15, 2024)

... sales in these regions offer insights into economic activity and will affect commodities and export-focused stocks. React to U.S. Oil Inventories: The EIA report on oil stocks may lead to volatility in oil prices, influencing energy stocks. About Open Oil Market Open Oil Market is currently in its pre-IPO round, navigating economic challenges and high interest rates. Despite a tough climate, the project has attracted substantial interest. This pre-IPO phase is a pivotal step for raising capital and demonstrating ...

Buyers Battle for Russian Oil in Europe

... expand their pool of available alternatives, a challenging task given the slowdown in oil demand and the emergence of new major suppliers, including from South America (Brazil, Guyana, Argentina),” states Sergey Tereshkin, General Director of Open Oil Market. According to his data, Serbia's total oil import in 2023 reached 3.5 million tons, while in 2024 it is expected to be 2.6 million tons. Key suppliers of oil to Serbia have become Iraq, Kazakhstan, and Azerbaijan. Source: Vzglyad

In the marketplace, the chain of traders in the fuel sales market disappears.

... for both them and the consumer. If they want to increase sales, they lower the price; if they need to raise the price due to a shortage, they adjust the price accordingly. — What main technologies are used today for trading relationships in the oil products market? What are the market prospects? — We see the widespread implementation of digital technologies in both oil extraction and refining. When we began developing digital sales technologies, the picture was different: IT technologies were too expensive ...

What is a pre-IPO and how do companies prepare to go public?

... investments before entering the stock exchange. In this article, we will consider why companies need a pre-IPO round, how they prepare for this process, and what steps need to be taken to successfully conduct a pre-IPO in Russia. I will also tell you how Open Oil Market uses this stage to strengthen its position in the oil products market and offers investors a unique opportunity to join the project on favorable terms. Find out more about pre-IPO and how to properly prepare for entering the stock exchange in our ...

Singles' Day in China: Impact on Stock Markets and the Global Economy

... transportation of goods. This is particularly important for companies working with commodities. Against the backdrop of high sales, it can be expected that prices for oil and other resources will receive short-term support. In the Russian market, Open Oil Market provides a platform for companies to track changes in the global oil and commodity markets and respond promptly to rising demand. For Russian enterprises, Singles' Day in China may serve as a signal to adjust pricing and export strategies, especially ...