... energy, stricter environmental regulations, and changes in demand structure. The discussion also covers potential consequences for the Russian economy, given its reliance on hydrocarbon exports, and explores possible adaptation strategies. On the global market, a decline in demand for diesel fuel (DF) is being recorded. The International Energy Agency (IEA) forecasts that the average daily consumption of diesel and gas oil will amount to 28.3 million barrels per day (bpd) by the end of this year, representing a 0.9% decrease compared to 2023. Meanwhile, new oil refineries (ORs) have been launched in Africa, Latin America, and the Middle East, further increasing ...

A commentary with a forecast of budget revenues from oil and gas trade for Vedomosti. In the article "What Will Happen to Oil and Gas Revenues in the Budget by the End of the Year," Sergey Tereshkin, founder and CEO of OPEN OIL MARKET, analyzes the dynamics of oil and gas revenues in Russia's federal budget for October 2024. He notes that revenues amounted to 1.2 trillion rubles, which is 55% higher than in September but 25% lower compared to October of last year. The main driver of revenue growth was an increase in ...

... currently modest compared to gas stations but could increase over time as electric vehicle adoption rises. By 2030, national EVCS revenue could exceed 90 billion rubles, compared to 2 billion rubles in 2023, according to Sergey Tereshkin from Open Oil Market. Additional services, such as cafes and shops at EVCS locations, could further enhance profitability, leveraging the existing infrastructure of gas stations. Translated using ChatGPT. Source: https://www.vedomosti.ru/analytics/trends/articles/2024/10/29/1071782-kak-budet-rasti-set-elektrozap...

... affecting bond markets and the euro. Eurozone: ECB Economic Forecasts (17:45 MSK) ECB forecasts are important for assessing economic growth and inflation prospects. US: Natural Gas Inventory Data (18:30 MSK) The EIA report will provide information on gas inventory status, important for the energy market. Key Thursday Reports (US and Russia) Pre-market: Ciena Corp (CIEN): report at 15:00 MSK. Expected change: -2.6%. After market close: Broadcom Inc (AVGO): report at 00:15 MSK. Expected change: +51.3%. Costco Wholesale Corp (COST): report at ...

... and energy infrastructure. Refining and export Refinery modernization: Rosneft is actively investing in the modernization of its oil refineries, which allows the company to produce high-quality products and increase their competitiveness in the global market. LNG (liquefied natural gas) projects: The company is developing LNG projects that will increase exports to Asia and Europe. Infrastructure and ecology Environmental projects: Investments in environmental programs aimed at reducing emissions, minimizing the negative impact on ...