... consequently, a price increase. Moreover, demand for high-octane fuel is continuously growing with the increasing number of cars with high-performance and turbocharged engines. Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, shares ... ... has had a significantly lower surplus of production capacity compared to the diesel market. This can be seen in the share of exports in the structure of fuel deliveries from Russian refineries: until 2022, the share of diesel fuel exports was about 50%,...

... tariffs on EU goods from August 1. The looming threat of a large tariff war over European automotive industry has receded. Shares of major automakers (Volkswagen, BMW, Stellantis) surged on news of the compromise, as the risk of 25–70% tariffs on car exports to the U.S. was lifted. However, uncertainty in global trade remains – negotiations between the U.S. and China as well as other partners are ongoing, and European businesses are still accounting for the possibility of new barriers in the future....

... European manufacturers (especially in the automotive sector) has receded. Shares of major European automakers (such as Volkswagen, BMW, Stellantis) reacted positively to reports of the trade compromise, as the direct risk of imposing 25–70% tariffs on car exports to the US was eliminated. However, uncertainty in global trade has not completely dissipated—US negotiations with several other partners (China, India) continue, and businesses in Europe still take into account the possibility of new barriers ...

... longer play a key role in shaping fuel prices. Traditionally, gasoline prices peaked in spring and early summer due to increased car travel. Diesel fuel prices, in contrast, tended to rise sharply during the harvest season. However, this year, the key ... ... entirely within the power of oil companies or regulators," the expert concluded. Since March 1, Russia has had a ban on exporting gasoline abroad, except to EAEU countries. At the end of May, the ban was temporarily lifted, but in August, it was ...

... Japanese conglomerate Sony will reflect the state of the technology and media sector, while Honda Motor will present global car sales and production data. After market close: Walt Disney, Uber Technologies, Airbnb, DoorDash, Applovin, Lyft. The earnings ... ... escalation in trade disputes and may prompt retaliatory measures, impacting global trade. 06:00 (China): Trade data for July (exports and imports). Chinese export/import statistics will signal global demand and the condition of the second-largest economy; ...