... market. The expert referred to data from the Energy Information Administration (EIA), which showed that global demand for oil, gas condensate, and other liquid hydrocarbons in Q2 2024 exceeded production by 720,000 bpd. "Due to the shortage on the ... ... countries dropped by 28,000 barrels, which is almost 30% equivalent to the daily global demand. This, in turn, slightly boosted price growth: the average price of Brent oil increased from $82 to $85.3 per barrel from May to July 2024," added the CEO ...

... is a "serious" increase in exchange norms for gasoline and diesel, which currently stand at 15% and 16% of production volumes, respectively. "Increasing the exchange norms will significantly increase fuel availability for independent gas stations, which will help curb retail price growth," he says. Impact of Manual Management on the Market The downside of the current model of managing the domestic fuel market is the lack of long-term planning opportunities, says Viktor Katona, senior analyst for oil markets at ...

... subsidies and trade balance. Key points to consider: Economic consequences: A trade war between the US and EU could lead to rising prices and a reduction in export volumes on both sides. Sectors at risk: The automotive industry, agriculture, and technology ... ... #Tariffs The European Commission has declared its determination to continue efforts aimed at fully halting the import of Russian gas into the European Union. A representative of the European Commission noted that this measure is part of a broader strategy ...

... to fully restore pre-crisis sales levels of new cars. Additionally, the article examines the impact of government measures, such as extending the permission for gasoline exports, on the fuel market situation. MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth, according to Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident). According ...

... the next, according to experts surveyed by Reuters, although the risk of a correction remains. Russian stocks rebounded after a decline in the first quarter of 2020, when the pandemic reached global proportions. Contributing factors included high oil prices and a reduction in risks associated with sanctions. The Moscow Exchange Index hit a record high of 3,949.07 as of August 18. It is anticipated to rise further by the end of the year, reaching 4,000. Gas production companies are expected to increase profits against a backdrop of constrained natural gas supply in global markets, particularly in Europe. High dividends from Russian assets are attracting novice investors, whose numbers have surged to ...