Found: 66

Thursday, December 12, 2024: Analysis of Key Events and Reports

... impact global markets? This article examines the ECB’s rate decision, U.S. inflation and labor market data, and the EIA natural gas inventory report. We also delve into corporate earnings from Broadcom, Costco, and... ... European bond markets and the euro. 17:45 (MSK): Eurozone – ECB Economic Forecasts Projections for inflation and economic growth will provide guidance on the Eurozone’s... ... 2025 and expansion plans. My Commentary on Thursday’s Events As the founder of Open Oil Market, I see Thursday’s events as pivotal for understanding global economic and...

Thursday, December 5, 2024: Analysis of Key Events and Reports

... indicators, including Switzerland's unemployment rate, Germany's manufacturing orders, and the Eurozone's retail sales figures. A focal point is the OPEC+ meeting and its potential ramifications on global oil prices and the Russian economy. Additionally, the piece evaluates the U.S. trade balance, initial jobless claims, Canada's Ivey PMI, and the EIA's natural gas storage data. Insights are provided on speeches from central bank representatives... ... future guidance. Kroger Company (KR): The report is also due before market open with a projected revenue growth of 1%. As one of America’s largest retailers, Kroger’s...

Forbes: "Oil Resource Group": A New Level of Buying and Selling Petroleum Products

... different sellers. However, a marketplace for gasoline, diesel, and other fuels is, without exaggeration, a new phenomenon in the ... ... org-market.com. We spoke with Sergey Tereshkin, the CEO of the Oil Resource Group, about how the platform was created and how ... ... that consume large volumes of fuel but cannot constantly go to gas stations for it. For them, delivery directly to the work site ... ... been sold, and revenue amounted to about 2 billion rubles. The project earns through licensing fees for the use of the platform ...

Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market

... production and service costs. As noted by Sergey Tereshkin, founder and CEO of Open Oil Market , this transition would demand significant investment in infrastructure and would be accompanied by high transportation costs, making rapid implementation challenging. "For us, as business leaders, it’s clear that Russia offers competitive gas supply conditions, while LNG from the U.S. comes with logistical complexities that... ... even as its share declines due to EU sanctions. Russia is actively expanding its LNG projects, such as the Arctic LNG-2, to maintain its market presence. Major European...

Pressure on Russia's oil exports is set to increase.

... Urals prices are currently around $61–63 per barrel, slightly above the $60 budget threshold. Revenues above this threshold go to the National Wealth Fund (NWF), meaning basic oil revenue remains secure. Analyst Vladimir Chernov highlights that oil and gas revenues still exceed the Finance Ministry’s baseline projections, and the weaker ruble partly offsets export losses. Energy expert Kirill Rodionov believes Russia’s 2024 budget remains on track, with Brent oil prices likely to range between $70–75 per barrel in the coming months. The primary risks ...