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Neutral Arguments: How the Outcomes of the Negotiations in Alaska Affect the Russian and Global Economy

... reduction of U.S. tariff pressures, and the increased demand for hydrocarbon resources, which will be a positive factor for oil prices." Implications for the Ruble Exchange Rate and Market After the Negotiations The Central Bank set the ruble exchange ... ... coming week, the dollar is expected to trade around 78–81, considers Natalia Milchakova, senior analyst at Freedom Finance Global. At the same time, the expert does not rule out the possibility that the national currency could strengthen below 75 per ...

Thursday, November 21, 2024 Key Economic Events

... Consumer Confidence: Weak sentiment in Europe might dampen demand for U.S. exports and influence trade balances. Energy Markets: U.S. natural gas inventory changes could affect European energy prices and security. Investor Recommendations Commodities: Oil and Gas: Monitor central bank decisions in Turkey and South Africa, as these could impact emerging market currencies and, subsequently, global commodity prices. Currency Markets: U.S. Dollar: Economic data, such as jobless claims and manufacturing indices, could strengthen the dollar, influencing currency pairs involving the euro and emerging market currencies. Tech Sector: Baidu Inc (BIDU): Watch for ...

Gas Supply Risks for Europe This Winter

... or if demand spikes unexpectedly. Energy companies warn that a sudden surge in gas prices could negatively impact both businesses and consumers. Many companies may have... ... securing gas supplies for the winter of 2024–2025. Reduced Russian gas supplies, fierce global competition for LNG, and unpredictable weather conditions underscore the need... ... long-term stability and accessibility of energy resources. As the founder of Open Oil Market (OOM) , a platform for wholesale trading of oil products and resources, I...

The Harshest Package: What the New EU Sanctions Mean for Russia

... automatic dynamic mechanism for adjusting the price ceilings on oil and ensuring their effectiveness.” Reuters reports, confirmed by the Estonian Ministry of Foreign Affairs, that this value will be adjusted every six months, such that the accepted price for Russian oil is 15% lower than the global benchmark. The EU is also imposing sanctions on an additional 105 vessels identified as part of Russia’s “shadow” fleet. As a result, the number of tankers prohibited from entering EU ports and deprived of a wide range of maritime services ...

The budget is in the black. What ensured the increase in oil and gas revenues?

... depends not on the volume of raw materials extracted but on the revenue from their sale, minus extraction and transportation costs. In practice, however, the revenue used to calculate AIT liabilities is determined based on a fixed discount to Brent prices in global markets. This provides the Ministry of Finance with relatively predictable budget revenues while offering oil companies a more flexible taxation system than MET. Notably, the share of AIT in taxable oil production reached 52%, as cited by Alexander Novak in an April article for the journal Energy Policy. Gas Exports Revenue growth, although less significant,...