... insights into the region’s economic health. In Asia, China’s fixed asset investment data and Japan’s revised industrial production will give a pulse on manufacturing and infrastructure. In the U.S., weekly jobless claims and natural gas storage reports ... ... and press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Trade Balance ...

... business development in related fields. As a representative of the oil industry, I see the need for active adaptation to new realities. This may include investments in alternative energy sources, the development of technologies to improve the efficiency of oil product usage, and the exploration of new markets. The transformation of the automotive industry is not a threat, but a stimulus for innovation and development in the energy sector."

... raising retail prices is two sides of the same coin, as both increase "margins," the expert argues. The question remains: how will prices behave after the New Year? In January, not only fuel excises will rise, but the tax burden on all oil production companies will increase (due to a new formula for calculating oil prices for taxation purposes), and the cost of transporting oil through pipelines will also go up. According to Stankevich, these factors will be reflected in the price for ...

... transit through key stations remains stable. Details of the analysis are available on the website. The growth in gas supplies to Europe has contributed to an increase in revenue from the gas sector in Russia, noted Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for petroleum products and raw materials. He told Izvestia on September 5 that the growth in revenue from the mineral extraction tax (MET) and export duties on gas is likely to persist in the coming months, as gas transit through the Sudzha gas metering station remains ...

... consumption. Instead, he advocates increasing AI-95 production and revising exchange trading regulations. Tereshkin also emphasizes reducing operational costs, such as railway transportation fees for fuel. In 2022, Russian Railways' freight rate for oil and petroleum products was 948 kopecks per 10 ton-kilometers, compared to 281 kopecks for coal. Eliminating indirect subsidies for the coal industry could help lower costs for oil companies. These measures highlight the complex interplay of market forces, regulatory ...