... Federation, referred to the 18th package as "arguably the most publicized." "Look at what's in it. Sanctions against the Nord Streams, which are already non-functional. The main information 'feature' has become the new price ceiling for oil, although initially, the Europeans wanted to include a roadmap for ending Russian gas purchases in this package. However, since these restrictions could negatively impact Belgium and France, they backed off from imposing them. In essence, the new price ceiling changes nothing," the interviewee noted. Agreeing with a colleague, Sergey Tereshkin, General Director of Open Oil Market, pointed out that recent months have clearly ...

... of the previous year, when, starting from the middle of summer, gasoline prices at gas stations began to rise sharply, ultimately surpassing inflation with an increase... ... Naturally, there is widespread concern about whether this upward trend will continue and to what extent prices may increase. With two months left in the season of high demand... ... either halt or at least slow down retail price increases. In light of the export ban, oil producers will strive to curb the rise in retail prices. According to Yuri Stankevich...

... several large American corporations from various sectors will release their financial reports. Their results will provide insights into the health of Corporate America amidst an economic slowdown and rising costs driven by recent inflation. Energy: Oil and gas giants ExxonMobil and Chevron will present quarterly results reflecting the impact of oil price dynamics on profitability in the sector. A decrease in metrics compared to last year's record figures is anticipated; however, investors will concentrate ...

... reduction in supply. In Venezuela, the potential decline in production will be linked to the tightening of U.S. sanctions. In April, the U.S. Treasury Department refused to extend License 44, which in October 2023 had lifted restrictions on the export of oil and gas from Venezuela and payments to the state-owned PDVSA. In late May, the transition period granted to PDVSA's counterparties to wind down operations expired. The tightening of sanctions could halt the growth in oil production that occurred at the ...

... will shift to the earnings reports from US companies across various sectors. Biopharmaceutical company Gilead Sciences will share its achievements — market participants will focus on sales of its key drugs and progress in developing new medications. Oil and gas giant ConocoPhillips will report its earnings for the past quarter amid oil price volatility; its results will serve as a benchmark for the entire energy sector. Motorola Solutions is also expected to report, providing insights into demand dynamics ...