... companies actively engaged with the Chinese market. Monitoring sales volumes and market dynamics can enable investors to make more informed decisions. With platforms like Open Oil Market , Russian businesses can stay tuned to global consumption and oil price trends, helping them adapt to fluctuations in the international arena.

... on the exchange and resell them with a small markup. Their services are critical because small consumers won’t buy directly from the exchange — it’s too lengthy, costly, and complicated. Honest traders are essential to everyone, including OPEN OIL MARKET, wh ere about 40% of the supply is posted by traders. Here, their prices are fair since they compete directly with producers’ prices. Speaking of the exchange, it’s also developing tools for small wholesale sales. How do you plan to compete? Indeed, SPIMEX has long discussed plans to expand small wholesale ...

... European Central Bank, while weaker numbers may justify continued caution. 15:00 (MSK): 189th OPEC Conference This major event for the oil market will see discussions on production quotas among member nations. The outcome could significantly impact global oil prices, with implications for energy markets worldwide. 20:00 (MSK): USA – WASDE Report The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates (WASDE) report will provide key updates on global crop production and stock ...

... disruptions in the export of Black Sea oil (including suspensions of shipments of Azeri BTC in the Turkish port of Ceyhan), which have restricted supply in the market, are also providing additional support. On the other hand, the growth potential for oil prices is limited by signs of slowing global economic activity. Mixed macroeconomic data from the US and China lead to forecasts of moderate demand for energy carriers in the second half of the year. Many investment banks maintain a cautious forecast ...

... bank's interest rates, state orders, and more. The price of oil. At first glance, it may seem that this factor only affects companies involved in the processing and sale of fuel. However, this is not the case. Analyzing the market, one can observe that oil price fluctuations affect other sectors as well. Though the effects may not be as significant, the trend is clear. Financial reports. Large companies publish statistical information about their activities annually or quarterly. If a company shows profit,...