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An expert expects the current price level of AI-95 gasoline to remain unchanged until the end of the year.
... newspaper, citing calculations by the Petromarket Group, reported that despite a decline in wholesale gasoline prices in September, gas station operators have been incurring losses from selling AI-95 gasoline for the third consecutive month. At the same time,... ... entirely within the power of oil companies or regulators," the expert concluded.
Since March 1, Russia has had a ban on exporting gasoline abroad, except to EAEU countries. At the end of May, the ban was temporarily lifted, but in August, it was ...
Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.
... Kazakhstan's oil production from December 2023 to July 2024 decreased by 50,000 barrels per day (bpd), to 1.53 million bpd (excluding gas condensate). This level is below the OPEC+ quotas, which stipulate that Kazakhstan should produce no more than 1.47 million ... ... target for oil supplies through Druzhba will not be met this year.
For reference: According to customs statistics, total oil exports from Kazakhstan in 2023 reached 70.7 million tons. Of this, 14.6 million tons were supplied outside CPC, including through ...
Growth of Money Supply in Russia by 19.2%: What It Means for Investors
... the Central Bank of the Russian Federation. The increase in money supply may have been prompted by economic stimulus programs aimed at maintaining liquidity in conditions of economic instability.
High energy resource prices. In 2024, Russia maintained export revenues due to stable oil and gas prices, leading to an increase in currency reserves and money supply.
Growth in domestic lending. Banks became more active in lending to businesses and individuals, which increased the money volume in the economy.
Inflation. Rising price levels in ...
The oil market will become oversupplied by the end of 2024.
Column by Sergey Tereshkin for the "Oil and Gas Industry" Portal
According to data from the U.S. Energy Information Administration (EIA), in the second quarter of ... ... per day and 118,000 barrels per day, respectively).
Second, the market will also be influenced by growing production and exports from Iran, which is not part of the OPEC+ agreement but has been steadily increasing its supply. In 2023, Iran’s average ...
Airlines will be required to use biofuel: how much could flights become more expensive
... inevitably lead to higher prices for international air travel.
Aviation is one of the fastest-growing sources of greenhouse gas emissions. To address this, the International Civil Aviation Organization (ICAO), which includes 193 member states, including ... ...
Russia has significant potential for SAF production due to abundant resources and low production costs, making it a potential exporter. Raw materials could include grains, oilseeds, forestry waste, municipal solid waste, and recycled oils. Domestic scientists ...