Found: 187

An expert predicted a rise in oil prices due to a reduction in production in Libya.

... which is about 0.3% of global supply. For comparison, in July 2024, Libya's oil production amounted to 1.14 million bpd," the expert clarified. He noted that the dynamics of oil production in Libya will affect the overall balance of the oil 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 global market, commercial oil and petroleum product stocks in OECD countries dropped by 28,000 barrels, which is almost 30% ...

Weekly Economic Events Calendar for U.S. and European Traders (November 25–29, 2024)

... GMT: U.S. – Chicago PMI for November. 16:00 GMT: U.S. – Pending Home Sales for October. 16:30 GMT: U.S. – EIA Natural Gas Storage Report. 17:00 GMT: U.S. – Baker Hughes Oil Rig Count. ECB Speech: Lane from the ECB is scheduled to speak. Impact ... ... and inflation, influencing Federal Reserve policy expectations. German consumer climate data can affect the euro and European market sentiment. Thursday, November 28 U.S.: Thanksgiving Day – Markets Closed. 13:00 GMT: Eurozone – Consumer Confidence ...

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

... includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials. Message and Context This move demonstrates flexibility in U.S. sanctions policy towards Russian ... ... particularly in the context of maintaining stability in global supplies. Amid rising energy prices and tensions in the global energy markets, the U.S. aims to avoid disruptions while maintaining the option for engagement with Russian banks under certain circumstances....

Economic Events and Corporate Reports - Tuesday, August 5, 2025 - PMI Index and US Trade Balance

... leaders in the U.S. semiconductor sector, producing chips for data centers and AI). Ozon Holdings – financial statements for six months of 2025 under IFRS (the largest Russian online retailer). BP plc – financial results for Q2 2025 (a British oil and gas corporation, one of the leaders in the global energy sector). These reports will allow an evaluation of the state of both the tech sector and consumer markets, as well as the commodity industry. For instance, investors will look to AMD's results for signals regarding demand for chips and developments in AI-related sectors, which is important for the entire tech industry. Ozon's indicators will illustrate ...

Record Cash: $347.7 Billion at Berkshire Hathaway

... reserves and minimized risks, allowing Berkshire to invest in several companies under favorable conditions during the height of the panic (e.g., Goldman Sachs and General Electric) and garner significant profits thereafter. Similarly, in 2020-2021, when markets were recovering from the pandemic, Berkshire was not in a hurry to exhaust all accumulated capital but instead invested selectively (in the oil and gas sectors and others), waiting for more obvious imbalances in valuations. Now, Buffett once again demonstrates his famous patience: investors observe Berkshire sacrificing short-term returns for the sake of capital preservation. This approach may seem ...