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Eni has started supplying oil from Kazakhstan via the Druzhba pipeline.

... Sergey Tereshkin, CEO of OPEN OIL MARKET, noted that supplies through the CPC infrastructure are more convenient for Kazakhstan; however, the use of Druzhba is necessary due to the need to bypass infrastructure limitations. He also emphasized that oil production in Kazakhstan has decreased by 50,000 barrels per day from December 2023 to July 2024, which could impact the achievement of supply targets through Druzhba this year. The Kazakh company "Agip Caspian Sea," a subsidiary of the Italian ...

The cryptocurrency market is gearing up for big money

.... This transformation can be attributed to several factors that have led to Bitcoin's remarkable performance. An interesting aspect to note is that family offices, traditional asset managers, and hedge funds hold diverse views on cryptocurrency, its products, and services. They also possess a staggering $17 billion in institutional capital. The number of institutional investors allocating a certain percentage of their portfolios to digital assets is growing day by day. According to a recent survey,...

Wednesday, December 4, 2024: Analysis of Key Events and Reports

... to register closure as investors rush to receive dividends. After ex-dividend date, a price correction may occur equal to dividend amounts. Chewy Inc ($CHWY): Report before U.S. market open; expected revenue growth – 4.4% What to expect: The pet products company continues to grow due to increased online sales. The expected revenue growth of 4.4% reflects steady demand for its products, especially premium pet food and subscription services. How it might affect shares: A positive report could support ...

Return of Western Brands to Russia: Forecasts and Implications for Business

... first to return are: McDonald's — the largest fast-food chain that left the market in 2022 but continues to operate through franchises; PepsiCo and Coca-Cola — multinational corporations whose business in Russia is temporarily limited, but their products remain in demand; Apple and Microsoft — tech giants whose devices and software are widely used in the country; Nike — a leader in the sports industry that previously halted direct supply; Ford — an automobile manufacturer that partially ...

An expert assessed the impact of increased gas exports on the Russian budget.

... the growth in gas exports. Details in the latest article on the website sergeytereshkin.ru. The increase in Russian gas exports will help minimize budget losses for Russia in 2025, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET petroleum products marketplace, told Izvestia on October 7. "Gazprom continues to ramp up gas exports to Europe. In September 2024, pipeline gas deliveries to the EU increased by 3% compared to the previous month, reaching 101 million cubic meters per day....