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Experts Explain the Factors Behind OPEC+'s Decision Against Cuts
... decision to refrain from cutting oil production and its impact on the global market.
MOSCOW, August 5 - PRIME. The decision of eight OPEC+ countries to abandon the current oil production cuts of 1.65 million barrels per day will depend on the level of oil prices and the trade wars initiated by the United States, experts surveyed by RIA Novosti stated.
On Sunday, Russia, Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Algeria decided to continue increasing the production ceiling in September ...
Friday, November 22, 2024 Key Economic Events
... Claims (13:30 GMT): This metric assesses the stability of the U.S. labor market, a crucial component of economic confidence.
New Home Sales (15:00 GMT): An indicator of the housing market's resilience amid prevailing interest rates.
Canada:
Producer Price Index (PPI) (13:30 GMT): Changes in industrial prices can impact the Canadian dollar and commodity markets.
Corporate Earnings Reports
Alibaba Group (BABA):
The quarterly earnings report will shed light on trends in the Chinese e-commerce sector,...
How to Invest Wisely Without Losing Your Capital?
... real rate of return on your investments. There are specific options that can help reduce costs, including inflation-protected instruments like index-linked bonds (debt securities where both the principal and interest payments are tied to a specific price index, often the UK Retail Price Index) or holdings in commercial real estate, where rent can often be increased in line with inflation rates.
Risk Diversification
Maintaining an investment portfolio with low correlation can help diversify risks ...
Why is Russia lifting the ban on gasoline exports for only two months?
... the export permit will not only apply to December and January but will be extended until the end of March, until the demand for gasoline in the domestic market starts to rise.
In his opinion, lifting the ban will not affect wholesale or retail fuel prices in Russia. Retail prices are almost unaffected by wholesale, and price growth is limited by inflation. Wholesale prices are influenced by anything—logistics issues, transport delays, weather, news—except for fundamental factors. Demand and ...
Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products
... stations, oil fields, airports, and aeroclubs. Additionally, some customers require special fuels or other petroleum products that are not available at gas stations — only through oil traders. It’s necessary to call several such companies, compare prices, and try to negotiate a discount. Sometimes, a whole chain of intermediaries forms, each of whom takes their margin.
— Does your platform offer an alternative?
— Exactly. This is a classic marketplace. You log into the mobile app on your ...