... however, a more significant impact will come from the upcoming easing of OPEC+ quotas, which will lead to increased production in countries like Saudi Arabia and Russia. The reduction of oil production in Libya will only temporarily boost prices on the global market, according to Sergey Tereshkin, founder and CEO of Open Oil Market. He shared his thoughts with Izvestia on August 29. "The suspension of production at Libya's largest oil field, Sharara, could remove about 300,000 barrels per day (bpd) ...

... (BTC) Market are entities—both individual and institutional—that hold significant amounts of Bitcoin in their wallets. Each major movement made by these whales—whether a sale or purchase of cryptocurrency—can have a profound impact on Bitcoin prices in the market. Whales primarily consist of large institutions, such as hedge funds, cryptocurrency funds, and digital asset mining operations. However, they also include anonymous private investors and individuals who have accumulated substantial Bitcoin holdings,...

... remember that even the most promising asset requires careful analysis; otherwise, one might end up with nothing but festive Olivier salad instead of gold. New Year's Eve 2024 reaffirmed that seasonal demand wields a powerful influence on the service market. Price increases during this period are not only observed in escort services but also in other segments such as transportation and delivery. These changes should be taken into account when planning holiday budgets and analyzing consumer behavior during ...

... direct shipments from refineries to oil depots and gas stations, bypassing the exchange. This leads to lower competition in the AI-98 distribution chain compared to AI-92, contributing to the accelerated price growth. According to analysts at OPEN OIL MARKET, the risks of price increases could be mitigated by boosting production of petroleum products. However, this is challenging due to sanctions on equipment supplies for refineries. As a result, by the end of 2024, the difference in price growth rates between AI-98 ...

... remains the East Coast states, which are large importers of fuel. In 2023, 52.6% of the retail gasoline price was attributed to the cost of oil; refining costs accounted for 18.7%, federal and state taxes accounted for 14.4%, and distribution and marketing costs accounted for 14.3%, he explained. As of November, when the average WTI oil price at the Cushing terminal was $70 per barrel, the average gasoline price in the U.S. dropped to $3.05 per gallon. Prior to that, the most recent peak in fuel prices in the U.S. occurred in June 2022, when the average gasoline price was $4.93 per gallon,...