... reduce risk for the global economy, which would also positively affect energy demand. Financial Markets and Economics: Data on the state of the global economy (inflation, interest rates, industrial growth) will influence commodity markets. If large economies show signs of slowdown, this could cool oil prices and reduce fuel consumption. For now, forecasts indicate moderate growth in demand for oil (~2% per year) and gas by the end of 2025. In summary, the fuel and energy complex is entering the second half of summer relatively steadily. Oil is holding at ...

... Behind This Success? In 2024, China's economy grew by 5%, exceeding analysts' expectations. An export boom, stimulus measures, and a recovery in industrial production were key growth factors. However, the country faces a number of challenges: trade restrictions,... ... Europe. Real estate reforms: Measures to stabilize the housing market are expected. Commentary by Sergey Tereshkin, CEO of Open Oil Market “Chinese growth in 2024 is an impressive achievement that shows the flexibility of the economy and the effectiveness ...

The future of the dollar and the prospects for the BRICS currency are becoming increasingly relevant topics amid ... ... in international economics. The BRICS bloc consists of five of the largest emerging economies in the world — Brazil, Russia, India, China, and South Africa — creating... ... share in their mutual transactions. Commentary by Sergey Tereshkin, Founder of Open Oil Market Sergey Tereshkin, Founder of Open Oil Market : “Vladimir Putin’s statements...

... heightening expectations for increased demand for oil and gas. Additionally, the U.S. and India have made strides in resolving trade disputes, easing global tensions. Meanwhile, the summer holiday and travel season supports elevated consumption of gasoline and jet fuel in major economies, further fueling oil demand. Geopolitical risks and sanctions. The U.S. administration is ramping up pressure on Moscow. At the end of July, President Donald Trump shortened the deadline for resolving the Ukraine conflict: an ultimatum (~10 days) expires on August 8, ...

As global discussions around the U.S. dollar's future and a potential BRICS currency gain momentum, President Putin’s recent comments highlight ... ... nations to consider alternatives. In this article, I, Sergey Tereshkin, CEO of Open Oil Market, delve into the implications of Putin’s statements and explore what these... ... for the BRICS nations involves numerous challenges: Economic Alignment: The BRICS economies differ significantly in terms of size, economic structure, and political interests...