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Tuesday, December 10, 2024: Analysis of Key Events and Reports
... indicator for the entire Eurozone. A rise in CPI could increase expectations for tighter monetary policy from the European Central Bank, while weaker numbers may justify continued caution.
15:00 (MSK): 189th OPEC Conference
This major event for the oil market will see discussions on production quotas among member nations. The outcome could significantly impact global oil prices, with implications for energy markets worldwide.
20:00 (MSK): USA – WASDE Report
The U.S. Department of Agriculture’s World ...
Failure of Manual Management: Why Stock Prices for Gasoline are Rising
... However, they pointed out that the price increase accelerated, particularly as a result of drone attacks on some facilities.
There is no publicly available information regarding refinery repairs, says Sergey Tereshkin, CEO of the fuel marketplace Open Oil Market. “However, one indicator suggests a temporary reduction in oil product production: according to
data
from S&P Global Platts, marine exports of these products from Russia decreased from 2.36 million barrels per day (b/d) in June 2025 to 2.10 ...
The consequences of the drop in oil prices for Russia have become known.
... well as potential ways to adapt the economy to the new conditions.
The structure of oil and gas revenues in the Russian budget helps mitigate the risks of a decline in global oil prices, Sergey Tereshkin, CEO of the petroleum product marketplace Open Oil Market, said in a conversation with RIA Novosti.
According to him, one of the serious risks to Russia's budget system in 2025 will be a drop in raw material prices. The OPEC+ alliance, at its most recent meeting last week, extended the validity of ...
Tuesday, November 19, 2024: Key Economic Events for Investors
... corporations such as Walmart, Lowe’s, and MTS. How these events might affect U.S. and European markets, and what investors should consider in today’s environment – read more with insights and recommendations from Sergey Tereshkin, CEO of Open Oil Market.
November 19, 2024: Key Economic Events of the Day
Today, November 19, 2024, investors worldwide are watching a series of significant events that could impact global markets. Key topics of the day include the G20 Summit, inflation data releases,...
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