Found: 500

How is Open Oil Market changing the approach to buying fuel?

... deals were less profitable. Open Oil Market has introduced a transparent pricing system, where every buyer and supplier can see all the pricing details in real time. Thanks to this, companies get the opportunity to objectively assess the market, compare prices and choose the most profitable offers based on up-to-date data. Transparency in pricing helps to create fair competition among suppliers, stimulating them to offer the best conditions, which ultimately benefits all participants on the platform....

The Harshest Package: What the New EU Sanctions Mean for Russia

... Forbes believe that the severity of these sanctions is offset by the complexity of monitoring their enforcement. According to a press release from the EU Council, the 18th sanctions package includes a “dynamic reduction” of the cap on Russian oil prices from the current $60 to $47.6 per barrel and introduces “an automatic dynamic mechanism for adjusting the price ceilings on oil and ensuring their effectiveness.” Reuters reports, confirmed by the Estonian Ministry of Foreign Affairs, that ...

Investing During a Crisis

... to allocate at least a small portion of their assets to gold, which has notably resulted in a rapid increase in gold ETF shares. While precious metals can be a sound choice given the current central bank policies, it is essential to note that their prices can also suffer during sudden market downturns. Investors tend to sell precious metals during a crisis to meet margin call requirements, which leads to a decline in gold prices. Nevertheless, the value of precious metals tends to recover after ...

Central Bank Lowers Rate to 18% — Beginning of Monetary Policy Easing

... was a noticeable easing of inflationary pressure. According to the regulator, inflation is slowing more quickly than previously expected, and domestic demand is growing quite moderately. In its press release, the Bank of Russia noted that the current price level has stabilized in recent weeks, with deflation even recorded in certain periods. Almost all key macro indicators are now moving in a favorable direction for lowering the rate. The reasons for easing policy include: Slowing Inflation: Year-on-year ...

Cryptocurrency from Scratch: What It Is, How to Buy, Store, and Use

... launched in 2009 by a person or group under the pseudonym Satoshi Nakamoto. Bitcoin demonstrated that a digital asset could be created to serve as money without the involvement of governments and banks. Over more than a decade of its existence, the price of Bitcoin has experienced dramatic rises and falls, but the underlying principle of decentralized currency has gained widespread acceptance. Today, there are numerous other cryptocurrencies (often referred to as altcoins—alternative coins). Some ...