... The outcomes of these events will impact the stock market, oil prices, exchange rates, and overall business activity. Key Events on Monday, July 28, 2025: Meeting of the OPEC+ Ministerial Monitoring Committee, which will discuss compliance with oil production cut agreements. Publication of corporate reports, including second quarter and first half of 2025 results from several companies (e.g., TGC-1 and Safmar Financial Investments (SFIN) ). Completion of the tax period in Russia, which may impact export ...

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 ...

... East. Therefore, the average annual price of Brent will be just under $80 per barrel. For comparison, the average price of Brent in the first nine months of 2024 was $82.7 per barrel," said the expert. OPEC+ previously extended voluntary oil production cuts of 2.2 million barrels per day for two months, which were initially scheduled to be gradually lifted starting in October. As a result, the alliance's countries are expected to begin increasing production under these agreements from December. Russian ...

... revenue from blocks (in dollars) dropped approximately 6% relative to March, despite the increase in prices – as the reward cut had its effect. Therefore, when the hash rate began to decline at the end of April, it was interpreted as a sign that some ... ... market responded to the difficulty change quite calmly. This event was largely anticipated by participants: a slowdown in block production and a drop in hash rate had signaled an impending recalibration. As a result, the BTC price at the beginning of May ...

... price growth. Supply and the Halving Effect On the supply side, a crucial factor for Bitcoin remains the recent halving (the reduction of block rewards for miners) that occurred in the spring of 2024. After the 2024 halving, the supply of new coins was cut in half, which historically has led to asset scarcity amid steady or increasing demand. Miners are facing higher production costs, making them less willing to sell coins at low prices, thus forming a sort of "floor" for the price. In addition, a significant portion of Bitcoin is held by long-term investors who are not quick to part with the asset during ...