... friendly countries, and the effect of a weaker ruble on export revenues. Physical gas sales volumes for the half-year are estimated to have decreased compared to previous years (especially in Europe), but cash revenues have only slightly increased due to price factors. Oil and gas condensate sales contributed relatively little. Revenue from oil sales rose to ~173 billion rubles (+6% year-on-year), reflecting high oil prices in rubles and stabilization of oil production by subsidiary structures. Concurrently,...

... Support Prices Oil prices wrapped up the week at multi-week highs. The North Sea blend Brent is trading close to recent peaks (around $72–73 per barrel, above the psychologically important mark of $72). The American WTI is hovering around $69–70. Price increases are fueled by several factors: U.S.-EU trade thaw. The establishment of a framework agreement between Washington and Brussels prevented escalation of a long-standing trade dispute. The parties agreed on mutual tariff reductions and a substantial increase in U.S. energy exports ...

... supply from Venezuela, as U.S. Chevron has received rights to resume production there, potentially reintroducing over 200,000 barrels/day into the market. Thus, rising supply alongside enduring risks of economic slowdown exerts a “cooling” effect on prices. Macroeconomic Factors. For the past week, commercial oil inventories in the U.S. have decreased more than expected, reflecting strong demand and preventing prices from dropping sharply. Concurrently, expectations for a easing of monetary policy in leading economies ...

... from April to August and the announced measure for September, these restrictions will be fully lifted more than a year ahead of the original plan. The market reacted calmly to the news of increased supply. The OPEC+ decision was expected and already factored into prices, so it did not cause significant upheaval. Furthermore, the increase in quotas occurs amid ongoing geopolitical tensions, which softens the effect on prices. Experts note that it is important for OPEC+ countries to regain market shares lost during ...

... bolstered by partnerships with banks and payment providers, distinguishing it from many speculative altcoins and fostering long-term interest in the XRP asset. Ripple’s Monetary Policy and XRP Supply. The dynamics of coin supply remain an important factor influencing XRP's price. XRP is one of the few major cryptocurrencies that was fully pre-mined at inception (100 billion tokens were released at the system's creation). Ripple continues to hold a substantial remainder of XRP in escrow and periodically releases tokens into ...