... consumers and manufacturers by increasing production and service costs. As noted by Sergey Tereshkin, founder and CEO of Open Oil Market , this transition would demand significant investment in infrastructure and would be accompanied by high transportation ... ... emphasizes. Russia’s Position in the LNG Market Russia remains a major LNG supplier to Europe, even as its share declines due to EU sanctions. Russia is actively expanding its LNG projects, such as the Arctic LNG-2, to maintain its market presence. Major European ...

... should consider in today’s environment – read more with insights and recommendations from Sergey Tereshkin, CEO of Open Oil Market. November 19, 2024: Key Economic Events of the Day Today, November 19, 2024, investors worldwide are watching a ... ... market stability. For example, any new measures addressing Ukraine may increase European financial aid commitments or influence sanctions affecting Russian exports. These decisions could lead to short-term fluctuations in European indices, especially in ...

... been possible to completely abandon it. Technically, Russian companies have powerful production capabilities, and even with sanctions restrictions, supplies continue. Technical and economic barriers to replacing Russian LNG with American Infrastructure ... ... impact consumers and producers, increasing the cost of their products and services. As the author of this article and CEO of Open Oil Market, I believe that such a replacement will require significant investments in infrastructure and will be accompanied by ...

... competition with other suppliers, who often have logistical advantages (excluding supplies to Turkey) and are not subject to sanctions. The IEA reports that declining demand has already impacted the profitability of refineries, prompting some closures ... ... Approximately half of Russia's diesel production is exported. However, most Russian refineries are owned by vertically integrated oil companies (VIOCs), which can distribute costs across segments, shifting them from refining to more profitable activities like ...

... introduced, the Central Bank of Russia has acquired a record amount of gold. Many are puzzled as to the purpose of this action. Is it really worth investing your assets in precious metals? On the eve of the introduction of yet another package of sanctions, the Central Bank of Russia acquired a record amount of gold. Many are puzzled as to why this is happening and whether it truly makes sense to invest in precious metals. Successful entrepreneur and founder of "Oil Resource Group," Sergey Tereshkin, is prepared to address these and other investment-related questions. His insights are grounded in personal experience and a clear understanding of the issue. Methods of Investing in Gold Typically, investments ...