... revised their forecasts, anticipating an average Brent price in the fourth quarter of 2025 at around $60–65 per barrel. However, most experts believe a deep price collapse is unlikely; as prices approach critically low levels, OPEC+ countries may cut supply again to support the market. OPEC+ Increases Oil Production, Proceeding Cautiously OPEC+ countries continue a policy of gradual oil production increases. At the beginning of August, several key participants in the agreement (including Saudi Arabia, Russia, the UAE, Kuwait, and others) announced an increase ...

... participants in the agreement (including Saudi Arabia, Russia, UAE, Kuwait, and others) announced an increase in the cumulative production quota by 547 thousand barrels per day starting in September. This decision means the early cessation of voluntary production cuts implemented at the end of 2023, when the coalition had voluntarily limited production by 2.2 million b/d. Now, thanks to monthly increases from April to August and the scheduled step in September, the coalition will be able to fully abandon these ...

... oil and petroleum products on the Russian Railways (RZhD) network decreased by 1.1% (to 104.4 million tons) in the first half of 2024, according to data from Russian Railways. A key factor was the OPEC+ deal, under which Russia agreed to the largest production cut in the last 18 months. From December 2022 to December 2023, production in Russia decreased by 300,000 barrels per day (bpd), and from December 2023 to May 2024, it fell by 330,000 bpd, reaching 9.20 million bpd (excluding gas condensate), according ...

... electricity for industrial consumers in the EU has risen by 30% over the past two years. Consequences for Business and the Economy The declining competitiveness is already impacting European businesses: Capital flight. Companies are beginning to relocate production to regions with more favorable conditions. Job cuts. Increased costs are leading to the closure of enterprises and a decline in employment. Slowdown in economic growth. High barriers and costs are limiting the growth potential of the EU economy. What Investors and Traders Should Pay Attention To Asset ...

... from European or even domestic manufacturers available on the secondary market, i.e., previously used equipment. At the same time, many manufacturers' machines do not compromise on quality compared to renowned brands. The low cost allows substantial cuts in production expenses and hastens the return on investment. Warranty. Purchasing products from an official factory provides the opportunity to obtain quality equipment with warranty and service support. This means that in case of any issues, the device ...