Commentary for "Vedomosti": The article "Strong Energy Ties" on Sergey Tereshkin's website is dedicated to the development of energy cooperation between Russia and China. The piece examines forecasts for energy consumption growth in China, the increase in Russian exports of oil, gas, and coal to the country, as well as the participation of Russian companies in the construction of nuclear power plants in China. Special attention is given to joint projects such ...

... deal before August 1, when a pause before new U.S. tariffs ends). These moves alleviate concerns about a slowdown in the global economy and support global oil demand. Additionally, the summer vacation season is driving increased gasoline and jet fuel consumption in the U.S. and China. Major producers forecast that global oil consumption will rise by approximately 1.2 to 1.3 million barrels per day in the second half of 2025. OPEC+ Supply. The OPEC+ alliance is gradually increasing production after ...

... his opinion, despite the increase in gas prices, the impact on European consumers will be limited. This is due to the low share of supplies through the "Sudzha" station in the overall gas imports to the EU, ongoing gas savings, and reduced consumption in industry. Tereshkin forecasts that the average monthly gas prices in Europe will not exceed $500 per thousand cubic meters in August 2024, after which they will begin to correct, despite the approaching winter season. MOSCOW, August 9 ...

... increases spending, increases demand for goods and services, which can accelerate inflation. Reduce the attractiveness of savings: low interest rates on deposits reduce the return on savings, which motivates people to save less and spend more, supporting consumption. Increase in investment: it is cheaper for businesses to borrow to invest in expansion, production, and new projects. This stimulates economic activity and creates more jobs, which also increases demand and can lead to higher prices. A key ...

... performance Industrial production rose 6.2% in December, driven by a recovery in supply chains, government support for manufacturing, and increased demand for Chinese goods. Retail sales up Retail sales rose 3.8%, driven by subsidies aimed at stimulating consumption, particularly in electronics and automobiles. Trade surplus China posted a record trade surplus. However, falling prices for exported goods have been a negative factor, cutting into the profits of many Chinese companies. Challenges Facing ...