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Will production fall in Iran and Venezuela? Should the market expect a sharp rise in prices or increased competition among exporters?
... long-term factors – a slowdown in demand in land transport due to the spread of electric vehicles, a surge in demand for polymers due to urbanization in South and East Asian countries, and increased competition between petroleum products and liquefied natural gas (LNG) in maritime transport. These factors will ensure a more modest increase in demand for oil in the second half of the 2020s compared to 2021-2023, when global consumption growth reached 4.7 million barrels per day (according to the IEA) ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
... reacts to this. The expert also reminded that retail prices for gasoline and DF in Russia are capped by inflation levels.
A similar opinion was voiced by Sergey Frolov, Managing Partner at NEFT Research. He believes that the rise in quotations is a natural seasonal phenomenon linked to increased demand. In this year, however, demand is growing slower than last year. Moreover, any comparison with 2023 is fundamentally incorrect, since considering high inflation and a sharp increase in fuel excise ...
Why Bitcoin May Not Reach $100,000: A Sober Perspective from the Founder of Open Oil Market
... diminishing Bitcoin's attractiveness as an investment asset.
Moreover, if the dollar strengthens, investors may prefer investments in dollar-denominated assets, considering them a less risky and more stable choice compared to cryptocurrencies. The speculative nature of Bitcoin may become less appealing to large funds, which will seek more stable investments, thereby reducing demand for crypto-assets.
Personal Commentary
As the founder of
Open Oil Market
, I strive to view the market objectively, assessing ...
How HMGB1 Protein Helps Stop Aging — Scientists' Discovery
.... We explain in simple terms this sensational discovery that could give a new boost in the quest for youth. Many generations have dreamed of an
elixir of youth
– and science has now taken another step in that direction.
The "Contagious" Nature of Aging: How the Process Spreads Throughout the Body
It turns out that the cells in our body have the ability to
"infect" each other with aging
. New research has shown that signs of aging can be transmitted from cell to cell, similar ...
Where Does the Russian Copper Company (RCC) Invest?
... reduction in atmospheric emissions.
The company is implementing a land reclamation program for sites used for extraction, focusing on tree planting and ecosystem restoration.
A shift to a closed water supply cycle has reduced water consumption from natural sources.
Development of Export Potential
Increased supply of copper cathodes and alloys to countries in Asia, Europe, and the Middle East.
Long-term contracts have been signed with international consumers, ensuring stable currency inflows.
Technological ...