... sanctions. However, even May's production level was more than four times lower than the historical peak of 3.45 million barrels per day reached in 1998. For further production growth, Venezuela will need to attract investors, who already have ample opportunities in South America. Neighboring Brazil plans to increase oil production from the current 3 million barrels per day to 5 million barrels per day by the early 2030s through the introduction of new floating production, storage, and offloading ...

... pound. In the Eurozone, industrial production data is a key indicator of how manufacturing is coping with high energy prices and ongoing supply chain issues. This is particularly relevant for assessing the region’s economic recovery and investment opportunities in energy-intensive sectors. The Baker Hughes rig count remains a critical marker for the energy market. It provides a window into production trends that directly impact oil and gas prices, influencing everything from industrial costs to ...

... mortgages and consumer loans. This means that loans become more expensive, and vice versa, when the rate decreases, loans become cheaper. Deposits. When the key rate is high, banks offer more favorable terms on deposits to attract funds. This provides an opportunity to earn on deposits, since interest rates on them also increase. Prices for goods and services. An increase in the rate leads to a decrease in demand, which can stabilize or even reduce prices, especially for long-term consumer goods such ...

... and bilateral agreements, this may weaken the economic and political influence of the U.S. on the world economy. Potential Consequences for Russia and the BRICS Nations For Russia and the BRICS countries, the idea of an alternative currency opens up opportunities for greater financial independence. Introducing a domestic currency or utilizing national currencies for transactions would allow them to avoid the impact of sanctions and reduce dependence on Western financial institutions. Russia and China ...

... price of AI-92 is considered in the calculations. As noted by Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel and raw material marketplace, the fact that the AI-95 exchange price is not included in the damper calculations gives oil producers the opportunity to increase their refining margin without the risk of losing subsidies. This explains the more than 20% difference in the exchange price of AI-92 and AI-95 that has emerged now. According to Gusev, it would make sense to separate damper ...