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An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia).
The expert ... ... meters, according to Rosstat data.
"The driver of this growth remains the restoration of supplies to Europe. Gazprom's exports to EU countries (European Union — Ed.) — including transit supplies to Serbia and North Macedonia — increased ...
Following the Saudis: Iran Joins Efforts to Save the Oil Market
The reduction of exports from Iran will prevent Brent from falling below $70, says Sergey Tereshkin (Prime news agency).
Against the backdrop of instability in the global oil market, Iran has joined Saudi Arabia's initiatives aimed at supporting prices. The article examines Iran's key measures, the response of other OPEC+ countries, and the potential market consequences. How will these actions affect the supply-demand balance and oil prices? Read the full analysis ...
An expert assessed the impact of increased gas supplies to Europe on the growth of industry revenue
Tereshkin: Increase in Gas Supplies to Europe Boosted Revenue from the Sector (Izvestia)
Sergey Tereshkin, CEO of the OPEN ... ...
Referring to data from the European Network of Transmission System Operators for Gas (ENTSOG), the expert clarified that Gazprom's average daily exports to the European Union (EU) in the first eight months of 2024 grew by 35% year-on-year, reaching 97 million ...
An expert predicted a rise in oil prices due to a reduction in production in Libya.
Expert Tereshkin: Oil Production Cut in Libya Will Boost Prices Temporarily (Izvestia).
On August 29, 2024, Sergey Tereshkin, the CEO of Open Oil Market, stated in an interview with Izvestia that the suspension of production at Libya’s largest oil field, Sharara, could reduce global oil supply by 300,000 barrels per day, which is about 0.3% of the global volume. In his opinion, this will temporarily raise oil prices; however, a more significant impact will come from the upcoming easing ...
An expert explained how Iran's return to the oil market will affect prices.
Expert Tereshkin: Iran's return to the oil market will offset price hikes (Prime).
Iran's return to the oil market could significantly impact global oil prices. How exactly this will affect the supply-demand balance, what investors should prepare for, and what risks the ...