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Where Is the Amur Gas Chemical Complex Investing?
Amur Gas Chemical Complex invested 111.6 billion rubles in 2023 in expanding production capacity, environmental projects and digitalization. Find out how the largest project in the Russian chemical industry is developing the country's export potential, introducing innovative technologies and strengthening ...
Chinese Electric Vehicles: A New Era in the Automotive Industry
The Chinese auto industry is experiencing rapid growth in the electric vehicle segment, which has a significant impact on the global market and Russia. In this article, we will look ... ... Agency (IEA), global electric vehicle sales could reach 17 million units by the end of 2024.
Chinese manufacturers are actively investing in research and development, allowing them to create more efficient and affordable electric vehicle models.
Expansion ...
Wednesday, November 13, 2024: Key Economic Events for Investors
Midweek brings crucial economic updates, with inflation data from the U.S., UK, and Russia taking center stage. Investors will be closely monitoring CPI releases to assess inflationary pressures and anticipate potential shifts in central bank policies. In Europe, industrial production data from the Eurozone will provide insights into the region’s manufacturing strength, while in Asia, China’s trade balance figures offer a pulse on global demand. Additionally, the EIA’s ...
Electric Vehicles in the USA Increased Electricity Consumption by Nearly 70%
The growth in the popularity of electric vehicles in the USA has led to an increase in electricity consumption by nearly 70%. This is a testament ... ... cars and 4,600 units being plug-in hybrids. The share of electric vehicles in new passenger car sales stood at 2.9%.
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Investments
Oil Reserve Increase in the US: Implications of the Latest EIA Report for Buyers and Investors
... interesting opportunities for buyers and raising questions for investors. How will this affect prices and purchasing strategies? In this article, I analyze the key indicators of the report, the impact of excess supply on the market, and share recommendations ... ... costs. Investors should also consider that high inventories could limit oil price growth, potentially reducing the returns on investments in oil-related assets.
Market Response
Following the report's release, oil prices showed a slight uptick; however,...