... Index (July). A key indicator of the services sector's state in the U.S.; special attention on employment and price components. 23:30 (USA): API report on weekly oil inventories. Unofficial data from the American Petroleum Institute could influence oil prices ahead of the official report. Corporate Earnings: Before market open: Caterpillar, Pfizer, BP, Eaton Corporation, Siemens Energy. The morning block features an industrial giant (Caterpillar), a pharmaceutical leader (Pfizer), a European oil and gas major (BP), an electrical equipment manufacturer (Eaton), and an energy ...

... oil price movements critical towards Russian economy/RUB valuations. Prepare yourself mentally & strategically ahead of potential market fluctuations particularly following EIA disclosures alongside central bank leaders’ addresses. As founder of Open Oil Market —I perceive Wednesday’s events offer essential guidance points aiding traders/investors alike—the release of PMIs from China/EU/Russia serves as pivotal indicators gauging overall economic activity trends crucially impacting commodity markets’ ...

... Europe and the U.S. accelerate the transition to renewables, investors may find promising opportunities in sectors like solar, wind, and biofuels, which align with global efforts to reduce fossil fuel reliance. Comment from Sergey Tereshkin, CEO of Open Oil Market "The oil market remains stable due to OPEC+ efforts, but investors should consider the potential for a surplus in the near future. Demand continues to grow at moderate rates, and while the market appears balanced now, projections for 2025 ...

... other resources required for manufacturing and transportation of goods. This is especially relevant for companies dealing in commodities. High sales on Singles' Day may provide short-term support for oil and other resource prices. In the Russian market, Open Oil Market offers a platform where companies can track global oil and commodity price changes and respond to rising demand. For Russian enterprises, Singles' Day in China can signal adjustments in pricing and export strategies, especially if Chinese consumer ...

... vehicles will promote their wider adoption. Tighter environmental regulations in many countries will provide additional incentives for the transition to electric vehicles. Comments from Sergei Tereshkin Sergei Tereshkin, General Director of AO "UK Open Oil Market" , comments on the situation: "The rapid growth in the popularity of Chinese electric vehicles in the global market, including Russia, marks the beginning of a new era in the automotive industry. For the oil sector, this presents a serious ...