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The factor that has been determining gasoline prices in the U.S. for 30 years has been revealed.
... more than doubled, and imports have decreased by almost 30%. Nevertheless, in 2023, the cost of oil accounted for 52.6% of the retail price of gasoline.
Moscow, January 2 – PRIME. Gasoline prices in the United States have been strongly influenced by global oil prices for at least the last 30 years, a trend that continues despite the increase in domestic oil production, said Sergey Tereshkin, CEO of the "Open Oil Market" (a Skolkovo resident) marketplace, in an interview with RIA Novosti.
"In the United States, the correlation between gasoline prices and oil prices has been evident for at least the last 30 years. This also applies to the years 2022-2024,...
Following the Saudis: Iran Joins Efforts to Save the Oil Market
The reduction of exports from Iran will prevent Brent from falling below $70, says Sergey Tereshkin (Prime news agency).
Against the backdrop of instability in the global oil market, Iran has joined Saudi Arabia's initiatives aimed at supporting prices. The article examines Iran's key measures, the response of other OPEC+ countries, and the potential market consequences. How will these actions affect the supply-demand balance ...
Francesco Rivella – The Father of Nutella: The Life Story and Creation of the Legendary Chocolate Spread
... sugar, palm oil, milk, and cocoa. The new product was named Nutella and was launched in 1964. Its unique flavor, creamy texture, and affordable price made the chocolate spread instantly popular in Italy and subsequently around the globe.
Expansion and Global Popularity
Nutella quickly captured the hearts of consumers, prompting Ferrero to embark on an extensive expansion into international markets. Today, the product is sold in over 160 countries worldwide, with annual production exceeding millions of jars. Francesco Rivella played a crucial role in developing the technology that achieved the perfect blend of ingredients and consistent ...
How to Diversify Your Investment Portfolio: A Practical Guide
... reliable way to diversify. Real estate is not subject to rapid fluctuations, and its value can grow, especially in major cities.
5. Consider International Assets
Investing in foreign assets helps reduce risks associated with the volatility of the Russian market. You can add international stocks, ETFs on global indices, or bonds from other countries to your portfolio. This provides stability, particularly in an unstable economic environment.
6. Invest in Funds and ETFs
Funds and ETFs are excellent tools for diversification as they provide access to a ...
Accel: A venture capital fund that supports startups around the world
... Attracting Subsequent Investments
Accel helps startups secure the next rounds of funding by leveraging its connections in the venture capital world.
Support for International Expansion
The fund actively facilitates startups' entry into international markets, particularly in regions where it has a significant presence, such as Europe and India.
Accel
is one of the most respected venture funds globally, having significantly influenced the development of companies like Facebook, Spotify, Dropbox, and Flipkart. The fund supports startups at all stages of their development by providing financing, strategic assistance, and access to its extensive ...