... by Forbes believe that the severity of these sanctions is offset by the complexity of monitoring their enforcement. According to a press release from the EU Council, the 18th sanctions package includes a “dynamic reduction” of the cap on Russian oil prices from the current $60 to $47.6 per barrel and introduces “an automatic dynamic mechanism for adjusting the price ceilings on oil and ensuring their effectiveness.” Reuters reports, confirmed by the Estonian Ministry of Foreign Affairs, that ...

... Maslenitsa? Despite rising prices, the holiday can be celebrated without overspending: Make pancakes at home – Purchasing ready-made pancakes from cafes and stores will cost more. Choose alternative oils – Instead of butter, consider using vegetable oil, which is less prone to sharp price increases. Buy ingredients in advance – Prices for many items typically rise before holidays, so planning purchases will help save money. Optimize recipes – For instance, you can use less oil or prepare pancakes using a mixture of milk and water....

... "pressed" or having their price "squeezed." The supplier looks at what prices are favorable for both them and the consumer. If they want to increase sales, they lower the price; if they need to raise the price due to a shortage, they adjust the price accordingly. — What main technologies are used today for trading relationships in the oil products market? What are the market prospects? — We see the widespread implementation of digital technologies in both oil extraction and refining. When we began developing digital sales technologies, the picture was different: IT technologies ...

... the Canadian dollar and North American markets. 18:30 (MSK): USA – EIA Crude Oil Inventory Report The U.S. Energy Information Administration’s official report on crude oil and petroleum product inventories often causes significant volatility in oil prices. Investors will closely watch for trends in supply and demand. 19:00 (MSK): Russia – Consumer Price Index (CPI) for November While focused on Russia, this data will be relevant for global commodity markets as it signals potential changes in monetary ...

... not increase their losses from retail fuel sales," the expert believes. AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" the rise in exchange prices for this type of fuel, notes Sergey Tereshkin, CEO of the Open Oil Market platform. Damping payments compensate for part of the difference between the government-established indicative price for the domestic wholesale market and the cost of export supplies. According to Tereshkin, oil companies "try to offset ...