... competition, support the restoration of the dealer network and services, and balance the supply structure within the market. However, significant political and economic risks remain that investors should consider. Sergey Tereshkin, CEO of the Open Oil Market marketplace for oil products and raw materials , comments: "The decision to return major brands is an attempt to maintain their positions amidst growing competition from Chinese manufacturers. With government support and a stable trade policy,...

... Russian Ministry of Economic Development and SberCIB Investment Research, and explained the main factors influencing the exchange rate: oil prices, inflation, interest rates, and the geopolitical situation. A detailed analysis and commentary from Open Oil Market CEO Sergey Tereshkin will help you better understand what changes may occur with the ruble exchange rate and how this may affect investments and business. The ruble to dollar exchange rate forecast for late 2024 depends on many factors, including ...

... million barrels per day due to increased consumption in Asia, especially in China and India. Oil consumption in developed countries (USA, Japan, EU countries) will remain stable. Sergey Tereshkin, founder and CEO of the oil products marketplace OPEN OIL MARKET: According to the forecast by the U.S. Energy Information Administration (EIA), oil production in the U.S. is expected to increase from 12.9 million bpd in 2023 to 13.2 million bpd in 2024, and 13.5 million bpd in 2025. This is a realistic forecast,...

... consumer sentiment and spending patterns. Emerging market updates from Brazil and India on retail and industrial output will also be in focus, as they signal growth trends in these key regions. Stay informed on the potential market shifts with Open Oil Market! Tuesday, November 12, 2024: Key Economic Events for Investors 1. European Market Events United Kingdom Average Earnings (September) — Published at 07:00 GMT This data indicates wage growth trends in the UK, influencing inflationary pressures ...

... softening of the US monetary policy:contentReference[oaicite:2]{index=2}:contentReference[oaicite:3]{index=3}. On this data, markets will commence trading on Monday, recording gains in stock indices against the backdrop of confidence in further Federal ... ... The Russian currency continued to weaken moderately amid external factors and expectations of Central Bank policy scenarios. Oil: Brent at approximately $66.3/barrel (-0.79%), WTI at approximately $63.45/barrel (-0.89%):contentReference[oaicite:5]{index=5}....