... interseasonal to winter diesel fuel, which contributes to price increases. Currently, according to the St. Petersburg International Mercantile Exchange (SPbMTSB), the price of winter diesel fuel is 23% higher than that of summer diesel. An equally important factor is the lag in diesel price growth compared to the overall inflation rate. By November 11, 2024, cumulative inflation was 7%, while the retail price increase for diesel was 4.9% and for gasoline it was 8.7%. Oil companies need to compensate for losses caused by forced downtimes,...

... Chevron has received the right to restart production there, which could bring over 200,000 barrels per day back to the market. The increase in supply, along with ongoing risks of a slowdown in the global economy, exerts a "cooling" effect on prices. Macroeconomic Factors. At the end of the last week, commercial oil inventories in the U.S. decreased more than expected, indicating resilient demand and preventing a sharp drop in prices. At the same time, expectations of monetary policy easing in major economies fuel ...

... This progress alleviates concerns about a slowdown in the global economy and supports demand for oil. According to ICE, Brent futures rose to ~$69.3 per barrel on Friday morning, continuing the upward trend from previous sessions. On the other hand, factors remain that restrain price growth. The OPEC+ alliance is gradually increasing oil production after a period of restrictions. According to the IEA, production in Russia reached 9.19 million barrels per day in June, exceeding the established quota (9.05 million) by approximately ...

... Oil prices continue their upward movement. The North Sea Brent blend is close to monthly highs, surpassing the psychologically significant $72 per barrel for the first time since late June. Meanwhile, American WTI is holding steady around $69. Several factors are fueling the price increase: Trade De-escalation Between the U.S. and Allies: A framework agreement between Washington and Brussels has prevented the escalation of trade disputes. The parties agreed on mutual tariff reductions and significantly increased exports of ...

... significant impact on its value. Let's consider the key periods and trends: Before 2008: the period is characterized, in general, by growth interrupted by short-term corrections. The dynamics were influenced by both global economic processes and internal factors, including oil prices and political stability. 2008-2009: the global financial crisis led to a sharp drop in the index, reflecting the negative impact on the Russian economy. Recovery was gradual. 2010-2014: a period of relative stabilization and growth, largely due ...