Gas prices in Moscow have reached a record high, marking a significant event for both drivers and market developers. The escalation of the geopolitical situation, rising oil prices, and instability in global markets are affecting the final retail prices. The main factors contributing to this increase include higher export volumes and rising hydrocarbon costs. Price dynamics forecasts remain uncertain: experts consider both ...

We talked to the readers of "Vzglyad" about oil prices. An article on Sergey Tereshkin's website discusses an important event in the global economy — the drop in the price of Russian oil below the price ceiling set by the West. The author analyzes the reasons for this phenomenon, its consequences ...

... Utilization Rates Refinery utilization increased to 90.5%, which also indicates preparations for the winter season. Oil buyers can anticipate an increase in the supply of refined products and plan their purchases accordingly. Impact of Inventory Growth on Oil Prices and Investor Strategies Price Stability Amid Increased Supply For oil buyers, the rise in inventories and increased supply may stabilize market prices. The reduced risk of price increases allows companies consuming oil and petroleum products to ...

Tereshkin: Over the past 30 years, gasoline prices in the United States have been closely tied to global oil prices, despite a significant increase in domestic production. Since 2010, oil production in the country has more than doubled, and imports have decreased by almost 30%. Nevertheless, in 2023, the cost of oil accounted for 52.6% of the retail price of ...

Despite geopolitical tensions and restrictions, oil prices remain relatively stable. Experts explain why the market isn't hitting records and what influences fuel costs. On Friday, June 13, following an extensive bombardment by Israel of Iranian territory, oil prices predictably surged by 13% but quickly ...