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The oil market will become oversupplied by the end of 2024.
... Information Administration (EIA), in the second quarter of 2024, global oil supply exceeded demand by 590,000 barrels per day. By the end of the year, this surplus is expected to narrow to 300,000 barrels per day.
Sergey Tereshkin, CEO of the OPEN OIL MARKET platform for oil products and raw materials, explains this trend with the following factors:
Easing of OPEC+ quotas: Saudi Arabia, Russia, and other alliance members plan to increase oil production by December 2024, adding an extra 540,000 barrels ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... rubles per liter. However, other types of fuel, such as AI-92 and diesel, remain profitable. Experts predict the situation will stabilize in the coming weeks, although the margin for AI-95 will remain low until the end of the year. In the long term, the market is expected to recover, taking into account changes in production processes and potential support measures.
Gas stations have been suffering losses from the sale of AI-95 gasoline for six weeks: in September, their margin was minus 1.57 rubles ...
Economic Trends in Russia: GDP Slowdown and Inflationary Challenges – What It Means for Investors
Rosstat reported a slowdown in Russia's GDP growth to 3.1% in the third quarter, while inflation remains high, reaching 8.54% in October. How will these economic trends affect the investment market? In the article, Sergey Tereshkin, CEO of Open Oil Market, shares his views on the impact of macroeconomic changes on key industries and offers strategies to help investors adapt to the new reality.
Economic Trends in Russia: GDP Growth Slowdown ...
Retail Russian Investors - Who Are They?
... significant figure. The majority of them have only recently started investing. Who are these retail investors in Russia, and what avenues do they choose?
To answer this question, Sergey Tereshkin, the founder of Oil Resource Group, has thoroughly analyzed the market and drawn certain conclusions. More information about the businessman and his investment experience can be found on his personal website:
oilresurs.ru
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Statistical Data
According to statistical data, there was a tremendous influx of new retail ...
Marketing on marketplaces: how to promote your store on the marketplace to the TOP?
We, Sergey Tereshkin, and Alexander Bykov, a top seller on OZON and the founder of the Cootli brand, will discuss this.
OPEN OIL MARKET
HTTPS://org-market.com
Telegram
https://t.me/ksandr_bykov