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Monday, December 9, 2024: Analysis of Key Events and Reports
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Europe:
The slowdown in Japan’s GDP growth and weakening inflation in China could result in reduced global demand for European exports, particularly in industrial machinery and luxury goods. Additionally, subdued activity in Asia might lead to increased ... ... However, the market will focus on guidance amidst rising interest rates.
My Commentary on Monday’s Events
As the founder of Open Oil Market, I believe that today's macroeconomic data reflects critical global economic trends. Japan’s GDP growth slowdown ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... September 10, they were almost 15% higher than AI-92. "In the fall and early winter, the price difference may reach 30%: oil companies need to compensate for the increased costs associated with forced refinery repairs while maintaining the right to ... ... 11 to 59,480 rubles per ton, while AI-95 dropped by 2.15% to 67,808 rubles per ton (the lowest since July, when a temporary export ban was still in place). In August, AI-95 prices peaked at 74,818 rubles per ton. The historical record for AI-95 was set ...
Venture Investments in Russia: 23% Decline in 2024 and Future Prospects
... startups.
Reduced Interest in Technology Startups
In uncertain conditions, technology startups, especially those focused on exports or requiring significant resources, have lost their appeal to venture funds.
Outflow of Capital and Talent
Russia has ... ... play a crucial role in forming local ecosystems to support startups.
Comment from Sergey Tereshkin, General Director of Open Oil Market
“The 23% decline in venture investments is a troubling signal for the entire economy. However, the crisis provides ...
Europe may completely lose Russian gas.
... billion cubic meters of gas, which could necessitate production cuts, affecting the Russian budget due to reduced taxes and export duties. While these losses are smaller compared to the 130 billion cubic meters lost earlier, they remain significant given ... ... sanctions package, its implementation might be delayed until 2026," Yushkov predicts.
Sergey Tereshkin, CEO of Open Oil Market, adds that a complete LNG ban is unlikely before the end of the winter season (March 31), as Russian LNG helps Europe ...
The Risk of Bankruptcy for Mercedes, BMW, and Volkswagen: What It Means for Investors
... the U.S. auto industry. If tariffs increase (potentially from 10% to 200%), German automakers, who rely on the U.S. as a key export market, could lose significant revenue.
Declining Demand in Europe:
The European automotive market is facing a decrease ... ... reveal whether it can overcome these challenges and adapt to new market realities.
Sergey Tereshkin, founder and CEO of
OPEN OIL MARKET
, the first independent marketplace for petroleum products and raw materials in Russia, shared his views:
“Currently,...