... weekly assessment of crude oil and fuel inventories in the U.S. late Tuesday. Although the API report is preliminary ahead of official data from the Energy Information Administration (EIA) on Wednesday, it can significantly affect sentiment in the oil market: If the API reports a sharp decline in commercial crude oil and petroleum product inventories for the week, it will point to increased demand or decreased supply. In this scenario, oil prices may rise even before the official statistics are released, as traders price in expectations of a supply shortage. Conversely, if the ...

... billion rubles to develop key assets. The main investments were aimed at modernizing production capacities, including upgrading equipment and introducing advanced technologies... .... These strategic investments are aimed at strengthening Slavneft's position in the market and ensuring sustainable growth in the long term. Where Is Slavneft Investing... ... Expansion of Export Capabilities: Development of port infrastructure to increase volumes of petroleum product exports. Digitalization and Automation: Implementation of Digital...

... analysis in our review. MOSCOW, October 30 - PRIME. A reduction in oil exports from Iran amid the risk of escalating conflict in the Middle East will prevent Brent prices from falling below $70 per barrel in the near future, Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident), told RIA Novosti. On Monday, Brent prices dropped by more than 6%, falling below $71 per barrel — levels not seen since early October. By Wednesday afternoon, oil prices were rising, approaching $72 per barrel....

... countries, as well as ramping up purchases of Russian crude, taking advantage of price discounts on Urals grade. A similar situation exists with natural gas: significant volumes of LNG are being supplied to China from Qatar, Australia, and the spot market, bypassing American gas. Concurrently, Europe continues its efforts to reduce dependence on Russian energy resources. The import of Russian oil and petroleum products into the EU has effectively ceased due to the existing embargo, while pipeline gas supplies have been reduced to minimal volumes. The European Union is actively developing infrastructure for LNG reception (new terminals are being constructed,...

... of automotive logistics is included in the final price of both food and industrial products. Starting from January 1, 2025, the excise tax on class 5 gasoline will... ... high-performance and turbocharged engines. Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, shares a similar view. He specifies that the risks of accelerated... ... production. However, from the available data, it is clear that the total production of petroleum products in Russia declined by 2.4% (year on year) in the first 11 months...