... Urals prices to less than $60 per barrel, considering the Urals discount to Brent at $10 per barrel by August 2024. This, by the way, is the minimum discount since the beginning of the year: at the start of the year, the discount was $16, the expert adds. The drop in Russian oil prices poses risks to budget revenues. The IEA has calculated that Russia's oil and petroleum product exports in August were at their lowest level since March 2021, falling by 290,000 barrels per day compared to July, ...

...." He cites negotiations for the Power of Siberia 2 project as an example, with Chinese partners aiming to secure maximum reliable resources at minimal risk and cost. Russia's key advantage for China lies in reliable and secure supplies, Malkov adds. China is likely to balance its energy imports, seeking maximum benefits. Nevertheless, oil, gas, and coal supplies from Russia to China are expected to grow due to strong mutual interest. In nuclear energy, Russia and China are competitors, Malkov ...

... Japan, and relaxations in the financial and medical sectors confirm that the pressure on Russian business and the economy is gradually easing. This creates more confident prospects for Russian companies, improves their positions on foreign markets, and adds confidence to investors in the strengthening of the country's economy. What effect does the Russian economy have? The lifting of sanctions could have a positive impact on the country's economy, creating more favorable conditions for trade and exports....

... a coordinated effort by the U.S. and Israel to destroy Iran's nuclear infrastructure and regime change. Another escalation could occur if Iran were to target the energy infrastructure of U.S. allies, such as Saudi Arabia or the United Arab Emirates, adds Bousso. The primary risk for oil markets remains the potential blockage or disruption of tanker traffic through the Strait of Hormuz, which accounts for one-fifth of global oil and gas supplies, he further emphasizes. Why Prices are Declining The ...

... Investment) metrics compared to other financial assets. In 2020, Bitcoin outperformed gold, stocks, oil, and other assets. Bitcoin is the world's first cryptocurrency. Bitcoins act as a hedge against inflation. The number of Bitcoins is limited, which adds to their value. Cons They are extremely volatile, and price drops can be dramatic due to low liquidity relative to other assets. Bitcoins may face significant regulatory restrictions in the coming years. Bitcoins could potentially drop to zero.