Comment for "Rossiyskaya Gazeta" on Gasoline Price Dynamics The article linked discusses the situation with gasoline prices in Russia. While prices at gas stations continue to rise, a decrease is observed on the exchanges. This may indicate a potential upcoming shift in trends in the retail market. The reasons behind these fluctuations are analyzed, including seasonal demand, logistics, and the impact of tax policy. Retail ...

... global market. In sum, the impact of these factors keeps the oil market in relative equilibrium. Brent has stabilized within the range of ~$72–73 per barrel: the recent price surge is tempered by expectations of increased OPEC+ supplies. Despite the price rises over the past weeks, current levels are still 10–15% lower than a year ago – reflecting corrections following the peaks of the 2022–2023 energy crisis. Investors continue to monitor external signals: U.S.-China negotiations over trade disputes ...

... could continue their upward trend (CRS stocks have already gained around 20% in the last month on expectations of strengthening demand). Cameco (Energy/Uranium): One of the world's largest uranium producers will present a report expected to show a sharp rise in profits due to rising nuclear fuel prices. Consensus for earnings is approximately $0.35-0.40 per share (compared to just $0.10 a year ago), reflecting an increase in volumes supplied under long-term contracts and the rising price of uranium amid resurgent interest in nuclear energy. Cameco's ...

... similar increases are expected to be confirmed for September as well. Recently, the OPEC+ Joint Monitoring Committee reaffirmed commitment to the deal and readiness to increase production to prevent shortages this fall—these signals temper further price rises. As a result of all these factors, the oil market remains relatively balanced. Brent has settled in the range of ~$72–73 per barrel: the recent growth momentum is tempered by expectations of increased supplies from OPEC+. Despite rising prices ...

... in further price declines. If the price of Brent remains below $70 per barrel, OPEC leadership may resort to verbal interventions, and if that doesn't work, they may take concrete actions," believes Alexander Shepelev. Additionally, he adds, oil prices could rise due to various factors, such as local accidents, logistical bottlenecks, weather disruptions in oil and gas regions, and more. Moreover, the market may be underestimating the role of geopolitics, which may bring further surprises, including in the ...