... would allow Iran not only to increase but also to diversify its exports, redirecting some shipments to Japan, South Korea, Turkey, and Southern Europe, which were key consumers of Iranian oil before 2019. "This, in turn, would contribute to stabilizing the oil market and preventing price spikes, as seen in 2018 (after the introduction of the anti-Iranian embargo) and in 2022-2023 against the backdrop of sanctions on Russia and a series of conflicts in the Middle East," added Tereshkin. However, ...

... of the OPEN OIL MARKET petroleum products marketplace, Sergey Tereshkin, comments on the latest decisions by the Ministry of Energy regarding gasoline exports and explains why lifting the ban has become a relevant step. The article examines how the stabilization of domestic market prices affects export policy and analyzes the potential consequences for fuel prices. Tereshkin also explains why oil companies are interested in removing the restrictions and shares his opinion on the further development of the diesel fuel market, considering seasonal fluctuations in demand for winter-grade fuels. Earlier, Deputy Prime Minister Alexander Novak ...

... (October) — 10:00 MSK: Indicates producer price trends, hinting at inflation. U.S. EIA Crude Oil Stocks — 18:30 MSK: Oil stock data could impact energy prices. Russia Weekly Inflation — 19:00 MSK: A crucial measure for assessing Russia’s economic stability. Focus Points: Oil inventory and inflation data will attract traders’ attention, as they provide insights into inflation and energy prices. Thursday, November 21 Interest Rate Decisions in Turkey and South Africa: Turkey CB Rate — 14:00 MSK: Turkey may take further ...

... indicate a clear trend. Consequently, market participants’ strategies are predominantly conservative: many prefer to lock in profits or hold current positions while awaiting clear macroeconomic signals. In the currency market, the ruble shows relative stability. The national currency is supported by the ongoing high demand for oil and the cautious stance of the Central Bank of Russia. Against the backdrop of PMI data, the ruble has experienced only minor fluctuations: moderate economic activity has slightly reduced pressure on the exchange rate. Graphically, the USD/RUB pair ...

... terms of assessing the balance of supply and demand: geopolitical news and rig statistics collectively inform the outlook for oil prices. Macroeconomic Statistics: Focus on the Canadian Labor Market **Economic data today is modest**, but attention should ... ... released. Analysts expect moderate growth in the number of employed following a significant increase in the previous month and stabilization of the unemployment rate around the 7% mark. If the actual data deviates significantly from the forecast, it could ...