... panicking, should we expect oil prices to reach $300 per barrel, and how are these developments affecting Russia? Forbes provides insights. During the acute phase of the conflict that began on June 13, Israel targeted not only military sites but also oil and gas infrastructure. On June 14, the South Pars gas field, which supplies Iran with two-thirds of its fuel, as well as a gas processing plant and a major oil depot near Tehran capable of holding nearly 260 million liters of gasoline, diesel, and aviation ...

... on the European companies that agreed to buy Russian gas was much stronger than it is now. Back then, they could be vilified and accused of supporting Russia. Now, adopting the new scheme politically will be easier. However, from a practical standpoint,... ... banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well as the risk of gas supplies to Europe being interrupted,” says Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace. Translated usin ChatGPT Sourse: vz.ru/economy/2024/12/9/1302044.html

... not exceed 5-7% and do not ensure profitability for gas stations not part of vertically integrated companies (about half of gas stations in Russia). Therefore, retail prices are not decreasing along with wholesale prices. Inflation, rising costs in production, transportation, and fuel sales contribute to the price increase, the expert explains. Additionally, the rise in gasoline prices is attributed to the fact that the export ban was lifted for only two months, according to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform. Oil companies understand that after January 31, 2025, the foreign market will again be closed, so they have ...

... unit commenced on February 28, 2022, with the pouring of the first concrete. Chinese Interests in Russia Chinese corporations primarily participate in overseas projects focused on exporting energy resources to China, notes Maxim Malkov, head of the oil and gas sector practice at Kept. Chinese partners' equity involvement ensures stable supplies of fuel and energy resources to China. For instance, in Novatek's Yamal LNG project, Chinese CNPC and the Silk Road Fund hold 20% and 9.9% stakes, respectively, ...

... interventions, and if that doesn't work, they may take concrete actions," believes Alexander Shepelev. Additionally, he adds, oil prices could rise due to various factors, such as local accidents, logistical bottlenecks, weather disruptions in oil and gas regions, and more. Moreover, the market may be underestimating the role of geopolitics, which may bring further surprises, including in the Middle East, says Shepelev. The drop in oil prices, as well as the reduction in oil and petroleum product ...