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The oil market will become oversupplied by the end of 2024.
Column by Sergey Tereshkin for the "Oil and Gas Industry" Portal
According to data from the U.S. Energy Information Administration (EIA), in the second quarter of 2024, global oil supply exceeded demand by 590,000 barrels per day. By the end of the year, this surplus is expected to narrow to 300,000 barrels per day.
Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for oil products and raw materials, explains ...
Pre-IPO в России 2024: обзор компаний и инвестиционных итогов (часть 1)
В 2024 году в России ожидается активное развитие рынка Pre-IPO, что открывает новые возможности для инвесторов. В первой части нашего обзора мы рассмотрим ...
China's Economy in 2024: 5% Growth, Key Successes and Challenges
China's Economy Grew by 5% in 2024 — What's Behind This Success?
In 2024, China's economy grew by 5%, exceeding analysts' expectations. An export boom, stimulus measures, and a recovery in industrial production were key growth factors. However, the country faces a number of challenges: ...
Что будет с нефтегазовыми доходами бюджета до конца года
... Терешкин, основатель и генеральный директор OPEN OIL MARKET, анализирует динамику нефтегазовых доходов федерального бюджета России за октябрь 2024 года. Он отмечает, что поступления составили 1,2 трлн руб., что на 55% больше, чем в сентябре, но на 25% меньше по сравнению с октябрем прошлого ...
What will happen to oil and gas budget revenues by the end of the year?
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In the article "What Will Happen to Oil and Gas Revenues in the Budget by the End of the Year," Sergey Tereshkin, founder and CEO of OPEN OIL MARKET, analyzes the dynamics of oil and gas revenues in Russia's federal budget for October 2024. He notes that revenues amounted to 1.2 trillion rubles, which is 55% higher than in September but 25% lower compared to October of last year. The main driver of revenue growth was an increase in collections under the Additional Income Tax (AIT),...