... as of August 1, the OPEC+ alliance has initiated a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve’s decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor ... ... with reduced trade tensions, supports energy resource demand in the latter half of the year. Commentary: As noted by Sergey Tereshkin in a recent RBC article , an unprecedented shift in the geography of Russian oil exports is occurring. If in 2021 about ...

... important level of $70 per barrel. American WTI remains around $66-67. Price increases are fueled by several positive factors: U.S.-EU Trade Truce: The conclusion of a framework agreement between Washington and Brussels helped avoid an escalation of the ... ..., while volumes along the "Turkish" route remain at moderate levels (~50 million m 3 per day). Comment from Sergey Tereshkin: “The European Union lacks the tools to compel private companies to purchase gas from specific suppliers. Moreover,...