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10 IT Companies That Experienced Stock Growth During the Crisis

IT companies emerged as the safest haven for investors during the Covid-19 storm. Here is a list of American tech firms with a market capitalization of at least $5 billion that performed best in 2020. IT companies have proven to be the safest haven for investors during the storm of Covid-19. Below is a list of American technology companies with a market capitalization of at least $5 billion that achieved the best performance in 2020. FASTLY 324% Zoom Video Communications 273% DraftKings 211% Livongo...

Is the production of petroleum products decreasing in Russia?

... general inflation rate. The decline in production is linked to unscheduled repairs at refineries, the completion of which is difficult to predict due to sanctions on the supply of refining equipment. This is the key difficulty of the current fuel crisis: in order to saturate the market, fuel production needs to be ramped up. However, neither companies nor industry participants can accurately predict how long the downtime of certain technological units will take. This factor, in itself, contributes ...

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

... prices and tensions in the global energy markets, the U.S. aims to avoid disruptions while maintaining the option for engagement with Russian banks under certain circumstances. The U.S. signal can also be viewed as an attempt to preempt an energy supply crisis, particularly during the winter months when resource consumption peaks. However, the temporary nature of this authorization indicates a cautious approach, leaving room for the potential tightening of sanctions in the future. Impact on the Russian ...

The United States has allowed transactions with Russian banks in the energy sector: what does this mean

... energy prices and tension in global energy markets, the U.S. aims to avoid disruptions by maintaining the possibility of cooperation with Russian banks in certain situations. The U.S. signal can also be seen as an attempt to avert an energy supply crisis, especially during the winter months when resource consumption peaks. At the same time, the temporary nature of the exemption indicates a cautious approach and leaves open the possibility of tightening sanctions in the future. Impact on the ...

An expert suggested a way to stabilize fuel prices in Russia.

... commented to RIA Novosti that prices are influenced by a combination of factors, ranging from seasonal demand to market conditions, and sufficient fuel reserves have been built up ahead of the fall season. However, according to Tereshkin, the "crisis hotspot" remains the high-octane gasoline segment. For instance, the price of AI-98 gasoline increased by 0.9% between August 20 and 26. "This is due to damage to refinery infrastructure and the resulting reduction in gasoline production....