... explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments, as adapting to these changes is crucial for resilience and growth in the global market." Putin’s recent statements underscore the growing concern over the sustainability of the current dollar-centric global financial system and the need to build a more resilient financial infrastructure. While the dollar continues to ...

... attracts attention, but it is also accompanied by increased volatility . Investors should keep in mind that after a swift rise, sharp corrections are equally possible. The cryptocurrency market has historically demonstrated cyclicality: periods of rapid growth are often followed by retracements. Additional risk stems from regulatory uncertainty in some countries and the potential tightening of rules—despite progress in several jurisdictions, the global regulatory environment remains uneven. Moreover, the concentration of a significant portion of the market in Bitcoin means that any major event impacting BTC (e.g., security network news or large-scale sell-offs) can reverberate across the entire ...

... Petroleum Exporting Countries (OPEC) forecasts that China's oil demand will rise by 13% between 2023 and 2030 to 17.8 million barrels per day and reach 18.8 million barrels per day by 2045 (+19% from 2023 levels). Alongside India, China will lead the growth in global oil consumption. Currently, China accounts for 16% of global liquid hydrocarbon consumption, while Russia contributes 11% of global production, stated Igor Sechin, Secretary of the Commission on Energy Development Strategy under the President ...

... spending. Analysts will pay attention to same-store sales and profit margins. RH (RH): Earnings expected at 00:05 (MSK). A 7.9% growth in revenue reflects strong demand for luxury home furnishings. Key points include the company’s outlook for 2025 and ... ... Commentary on Thursday’s Events As the founder of Open Oil Market, I see Thursday’s events as pivotal for understanding global economic and market trends. The ECB’s rate decision and forecasts will shape expectations for monetary policy in Europe,...

... liquid hydrocarbons in Q2 2024 exceeded production by 720,000 bpd. "Due to the shortage on the global market, commercial oil and petroleum product stocks in OECD countries dropped by 28,000 barrels, which is almost 30% equivalent to the daily global demand. This, in turn, slightly boosted price growth: the average price of Brent oil increased from $82 to $85.3 per barrel from May to July 2024," added the CEO of Open Oil Market. He reminded that in August, oil prices fell below $80 per barrel. On one hand, the markets "adjusted" ...