... central bank policies. In Europe, industrial production data from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s oil inventory report in the U.S. will be pivotal for energy markets. These indicators could set the tone for markets across sectors — stay informed with Open Oil Market! Wednesday, November 13, 2024: Key Economic Events for Investors 1. European Market ...

... prices usually show the most significant growth. Moreover, over the last two years, it was at the end of summer that gas station prices caught up with the national average inflation level. At the beginning of June, Anton Rubtsov, the director of the Oil and Gas Complex Department of the Ministry of Energy, reported that the Russian market was fully supplied with gasoline and diesel fuel (DF). As of June 5, the stocks of automotive gasoline at oil refineries and oil bases reached 1.8 million tons,...

In 2023, Slavneft allocated 98 billion rubles to develop key assets. The main investments were aimed at modernizing production capacities, including upgrading equipment and introducing advanced technologies at oil refineries. Particular attention was paid to environmental projects aimed at reducing emissions and increasing energy efficiency. The company also invested in the development of transport infrastructure to optimize logistics chains and improve supply ...

... in the range of 93 to 100 rubles. In this answer, we reviewed key expert forecasts, including estimates from the Russian Ministry of Economic Development and SberCIB Investment Research, and explained the main factors influencing the exchange rate: oil prices, inflation, interest rates, and the geopolitical situation. A detailed analysis and commentary from Open Oil Market CEO Sergey Tereshkin will help you better understand what changes may occur with the ruble exchange rate and how this may affect ...

... with only about 10% exported. Diesel is the main export product among petroleum products. Therefore, a diesel export ban is only possible in an emergency and for a short period. Otherwise, the market will become oversupplied, leading to a decline in oil refining volumes. It is no coincidence that last autumn, the full ban on diesel exports lasted only two weeks. In an interview with "RG," Yuri Stankevich, Deputy Chairman of the State Duma's Energy Committee, stated that there are currently ...