... Experts predict a drop in oil prices in 2025, with the average cost of Brent crude expected to fall below $70 per barrel. The primary reason for this is the increase in production from non-OPEC+ countries, such as the United States, Brazil, Guyana, Canada, and Argentina. Sergey Tereshkin, CEO of OPEN OIL MARKET, highlights that rising production in these regions is putting downward pressure on prices, despite OPEC+'s efforts to regulate the market. He also points to potential plans by Saudi Arabia ...

... Manufacturing PMI (Nov) 12:00 MSK: Eurozone - Manufacturing PMI (Nov) 12:30 MSK: UK - Manufacturing PMI (Nov) 13:00 MSK: ECB President Lagarde speech 13:00 MSK: Eurozone - Unemployment rate (Oct) 16:00 MSK: Brazil - Manufacturing PMI (Nov) 17:30 MSK: Canada - Manufacturing PMI (Nov) 17:45 MSK: USA - S&P Manufacturing PMI (Nov) 18:00 MSK: USA - ISM Manufacturing PMI (Nov)Central Bank speakers: ECB President Lagarde, Waller (Fed) Key reports on Monday (USA and Russia): RusAgro ($AGRO): Last day of trading ...

... deprived of a wide range of maritime services will reach 444, as stated in the EU Council's release. "Moreover, the EU is introducing a ban on the import of petroleum products made from Russian oil and arriving from any third country, except for Canada, Norway, Switzerland, the United Kingdom, and the United States, thereby obstructing the entry of Russian oil into the EU market through back channels," the release states. It also mentions that comprehensive sanctions, including asset freezes,...

... the global economy's impact on the oil market are expected. US: Consumer Price Index (November) (16:30 MSK) A key inflation indicator crucial for Federal Reserve policy. High values may strengthen expectations of further monetary policy tightening. Canada: Central Bank Rate Decision (17:45 MSK) Discussion of Canada's economic prospects and inflation. Rate changes may affect the Canadian dollar exchange rate. EIA US Oil Inventory Data (18:30 MSK) The official report on oil and petroleum product inventories ...

... 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 prospective impacts on financial markets. The article also highlights corporate events, such as shareholder meetings ...