... so far had a limited effect on oil prices, largely due to the fact that, due to sanctions, Iran's role in the oil market has diminished in recent years, adds Sergey Tereshkin, CEO of the Open Oil Market. Due to U.S. embargoes, over 90% of Iran's oil exports now go to China, where the country's key buyers of Iranian oil are refineries that will bear the brunt of the current crisis, Tereshkin explains. India, Japan, and EU countries halted purchases of Iranian oil after 2019, when the U.S. embargo ...

... seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible. MOSCOW, November 9 - PRIME. Oil companies in Russia are expected to curb gasoline prices to secure permission for exports. Price growth rates will remain lower than this past summer through the end of the year, according to a forecast by Sergey Tereshkin, CEO of the "Open Oil Market" fuel marketplace (a Skolkovo resident), shared with RIA Novosti. According ...

... is particularly relevant for pipeline construction. Mining Assets Karelia Pellet: One of the largest producers of iron ore pellets in Russia, used in steel manufacturing. The facility ensures stable raw material supplies for the domestic market and exports. Olengorsk Mining and Processing Plant: Actively developing iron ore extraction and investing in the automation of production processes. Vorkutaugol: The company's largest coal asset, supplying coke for metallurgical needs. Innovation Centers ...

... the state of the oil product production market in Russia. Sergey Tereshkin’s column for “RBK Companies.” In Sergey Tereshkin’s article, the reduction in oil product production in Russia in 2024 is analyzed. The focus is on the decline in export supplies and domestic production, which is linked to unpredictable unscheduled repairs at oil refineries, as well as sanctions that complicate equipment deliveries. The author examines the consequences of these processes for the domestic market,...

... MSK: China - Caixin Services and Composite PMI for November The indicators will reflect the state of the services sector and the economy as a whole. Strong data will support demand for commodities, including oil and metals, positively impacting Russian exports. 08:00 MSK: India - Services and Composite PMI for November India's PMI will show how actively one of the key sectors of the economy is developing. High readings will strengthen the rupee and support investor interest in the Indian market. 09:00 ...