Tereshkin: Over the past 30 years, gasoline prices in the United States have been closely tied to global oil prices, despite a significant increase in domestic production. Since 2010, oil production in the country has more than doubled, and imports have decreased by almost 30%. Nevertheless, in 2023, the cost of oil accounted for 52.6% of the retail price of gasoline. Moscow, January 2 – PRIME. Gasoline prices in the United States have been strongly influenced by global oil prices for ...

... sources following high prices in recent years. High supplies of liquefied natural gas ( LNG )—approximately 12 billion cubic meters of LNG (primarily from the U.S., Qatar, and other exporters) entered Europe in June, setting a record for summer month imports. Preliminary estimates suggest that this trend persisted close to maximum levels in July. Due to high stock levels and diversified supplies, gas prices in Europe this summer have remained relatively stable. Prices at the largest hub, TTF , are ...

... will focus on Eurozone inflation data and UK retail sales, offering insights into consumer behavior and price stability in Europe. In the U.S., industrial production and consumer sentiment data will shape expectations for economic resilience, while import/export prices shed light on inflationary pressures. China’s new home prices give a pulse on the housing market, and the Baker Hughes oil rig count will influence energy prices. Emerging market data from India and Brazil add to the day’s insights,...

... investments and reduce risks but also provide support during challenging economic times. Let’s delve into what to consider when selecting a financial advisor and what common pitfalls to avoid. 1. Experience and Qualifications When selecting an advisor, it's important to consider their experience and qualifications. Pay attention to the following aspects: Professional Certifications and Licenses. A qualified advisor should possess certifications that validate their expertise. This may include international ...

... electric cars and hybrids, and analyze the impact of this trend on gasoline demand. We will discuss the active expansion of Chinese manufacturers such as BYD into international markets and their impact on the Russian car market, where more than 90% of imported cars come from China. Find out about the prospects for the development of electric vehicles and their impact on the economy. Don't miss out! Chinese Electric Vehicles: A New Era in the Automotive Industry Dominance in the Chinese Domestic Market ...