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Thursday, November 14, 2024: Key Economic Events for Investors

... infrastructure. In the U.S., weekly jobless claims and natural gas storage reports will be in focus alongside the FOMC rate decision and press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Trade Balance (September) — Published at 10:00 GMT The trade balance report reveals the difference between exports and imports across the Eurozone....

Why are retail gasoline prices rising?

... prices from responding to the peak. This year, there hasn’t been a sharp spike in wholesale prices. Instead, prices have been gradually rising compared to 2023 levels, excluding the fall crisis period. According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May. Future Expectations ...

Biotechnology: What is it and examples of Russian companies

... the growth of private investment in this area. In the future, Russian companies can take a stronger position in the global market, offering solutions in the fields of healthcare, agriculture and ecology. Opinion of Sergey Tereshkin, founder of Open Oil Market As the founder of the Open Oil Market startup, I see enormous potential in biotechnology and a unique opportunity for Russia to take a leading position in the global technology community. Biotechnology is not just a science, but a tool that can ...

Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.

... Similar mechanisms, allowing for tax burden adjustments depending on profitability, should also be extended to oil refining. There, companies face rising costs due to extended timelines for unscheduled repairs. Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace for petroleum products and raw materials. Translated using ChatGPT

Thanksgiving Day in the USA: history of the holiday, market closure and impact on global investors

... Increased volatility: Reduced liquidity may lead to increased volatility in markets, especially those closely linked to U.S. assets. Impact on commodity markets: The closure of commodity exchanges in the US, such as CME Group, leads to reduced activity in oil, gold and other commodity markets, which may affect their prices. Pause in economic news: There are no important economic publications and corporate reports from the US on public holidays, which reduces the flow of information and may affect investment decisions. Preparing for ...