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Wednesday, November 20, 2024: Key Economic Events of the Day
... financial markets are poised for significant movements as key economic indicators and corporate earnings reports are released. Investors should pay close attention to China's Loan Prime Rate announcement, inflation data from the UK and Germany, U.S. crude oil inventory levels, and speeches from central bank leaders. Additionally, major corporations such as NIO, Target, TJX, Wix.com, Williams-Sonoma, Global-E Online, Nvidia, Snowflake, Palo Alto Networks, and Jack in the Box are scheduled to release their ...
Friday, November 15, 2024: Key Economic Events for Investors
...., 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, making it essential for investors to stay updated with Open Oil Market!
Friday, November 15, 2024: Key Economic Events for Investors
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An expert explained the sharp increase in the market value of aviation fuel in Russia
Teryoshkin: Oil Companies Are Not Containing Jet Fuel Prices Due to Compensatory Payments (Prime News Agency)
In August 2024, the price of jet fuel on the Saint Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin,...
Tuesday, November 19, 2024: Key Economic Events for Investors
... corporations such as Walmart, Lowe’s, and MTS. How these events might affect U.S. and European markets, and what investors should consider in today’s environment – read more with insights and recommendations from Sergey Tereshkin, CEO of Open Oil Market.
November 19, 2024: Key Economic Events of the Day
Today, November 19, 2024, investors worldwide are watching a series of significant events that could impact global markets. Key topics of the day include the G20 Summit, inflation data releases,...
The lifting of the ban on gasoline exports will not lead to an increase in gas station prices.
... this year.
On the other hand, the connection between the announcement of lifting the export ban and the rise in retail prices is quite questionable—too little time has passed. Moreover, allowing exports should, in theory, improve the economics of oil refineries (ORFs) that supply gasoline abroad. These refineries are well aware that raising prices on the domestic market would be costly for them, as the Federal Antimonopoly Service (FAS) monitors this and imposes fines for violations, regardless ...