..., oil prices fell below $80 per barrel. On one hand, the markets "adjusted" to OPEC+'s June decisions, where several member countries agreed to reduce quotas further. On the other hand, the market was influenced by news of another surge in electric vehicle sales in China, he explained. "Finally, as autumn approaches, the forthcoming 'softening' of OPEC+ quotas will come into play. For example, Saudi Arabia's quota will increase by 250,000 bpd by December 2024 compared to the current ...

... Factors Have Influenced Inflation Growth? Weakening of the Ruble The dollar exchange rate increased 3.4 times over 23 years, leading to higher costs for imported goods and components. Rising Raw Material and Energy Prices Domestic prices for oil, gas, and electricity have increased, impacting the cost of goods and services. Changes in Tax Policy The introduction and increase of excise taxes on fuel, tobacco, and alcohol have led to significant price increases for these goods. Global Economic Crises The ...

... countries, which have been in place since August 2022 when agreements to reduce gas consumption by 15% compared to the average multi-year level took effect, will play a role. The effect of savings was noticeable this year as well. According to Ember, electricity demand in the EU increased by 9 terawatt-hours (TWh) in the first half of 2023, but at the same time, generation at gas-fired power plants decreased by 29 TWh during the same period. The lost volume was fully compensated by an increase in ...

... essential in both large cities and regions. Nurses and Junior Medical Staff – healthcare is experiencing a personnel shortage. The need for mid-level medical personnel will grow in the coming years. Electricians – the demand for specialists working with electrical networks is increasing. Electricians are needed on construction sites, factories, and in the utilities sector. Repair and Maintenance Technicians – household appliances, vehicles, and industrial equipment require repairs, and qualified specialists ...

... Prices The shortfalls in LNG from the U.S. undermine Europe's energy stability, leading to higher gas prices and complicating the task for European countries to secure sufficient supplies for winter. European consumers may face increased heating and electricity costs, putting pressure on household budgets and reducing overall purchasing power. Search for Alternative Suppliers Faced with unreliable supplies from the U.S., Europe may actively seek alternative gas sources. Potential partners include ...