... from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET. He explained that under the current regulatory model, electricity prices in the European Union (EU) depend on the ... ... noted that this year, attention is focused on geopolitics, as there is still no clarity about whether contracts for Russian gas supplies via Ukraine will be extended. A decision on this issue is expected soon, as current contracts are set to expire at the ...

... the first half of the year, to Turkey by 4%, and to South Korea by 1.7 times. The primary reason for the reduction in coal supplies to China is customs restrictions. Since January 2024, China has imposed tariffs of 6% on imports of energy coal and 3% ... ... reaching 4,710 million tons, which is nearly double Russia's annual coal output," says Sergey Tereshkin, CEO of the Open Oil Market energy marketplace. "China, through these tariffs, is making its domestic production more competitive. In recent ...

... article delves into significant macroeconomic indicators, including Switzerland's unemployment rate, Germany's manufacturing orders, and the Eurozone's retail sales figures. A focal point is the OPEC+ meeting and its potential ramifications on global oil prices and the Russian economy. Additionally, the piece evaluates the U.S. trade balance, initial jobless claims, Canada's Ivey PMI, and the EIA's natural gas storage data. Insights are provided on speeches from central bank representatives and their ...

... Forbes investigates how the government is manually attempting to manage gasoline prices. The government has prohibited gasoline exports from August 1 to 31, extending this ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the domestic fuel market during the period of high seasonal demand and agricultural fieldwork," states a government decree . Prices Increased by 36% The price of ...

... consumer sentiment and spending patterns. Emerging market updates from Brazil and India on retail and industrial output will also be in focus, as they signal growth trends in these key regions. Stay informed on the potential market shifts with Open Oil Market! Tuesday, November 12, 2024: Key Economic Events for Investors 1. European Market Events United Kingdom Average Earnings (September) — Published at 07:00 GMT This data indicates wage growth trends in the UK, influencing inflationary pressures ...