... occurring against the backdrop of an improving refining picture. Spring maintenance at refineries has been completed, and gasoline and diesel output is at seasonally high levels. An additional factor has been OPEC+’s policy: the cartel's increase in oil production in August enhances commodity availability and exerts downward pressure on global prices, which also indirectly contributes to lower gasoline prices. Thus, the American petroleum products market is currently experiencing a period favorable for ...

... geopolitical risks; thus, their influence on prices remains limited. Experts expect OPEC+ to continue flexibly managing quotas, especially if external factors (sanctions, recession, emergencies) begin to significantly impact the oil market. Russian Oil Product Market: Record Gasoline Prices and Government Response The domestic fuel market in Russia faces unprecedented price increases despite previously taken measures. Since late July, a full ban on the export of gasoline and several other petroleum ...

... confirming the effectiveness of already implemented measures by the regulator. 19:00 (USA) – EIA Short-Term Energy Outlook: The US Department of Energy will present updated forecasts for oil and gas markets. The report reflects expectations for shale oil production, fuel consumption levels, and stock balances. These forecasts set the tone for the oil and gas sector, impacting oil prices and the stocks of energy companies. 19:00 (USA) – WASDE Report from the US Department of Agriculture: A monthly report ...

... demand for oil. According to ICE, Brent futures rose to ~$69.3 per barrel on Friday morning, continuing the upward trend from previous sessions. On the other hand, factors remain that restrain price growth. The OPEC+ alliance is gradually increasing oil production after a period of restrictions. According to the IEA, production in Russia reached 9.19 million barrels per day in June, exceeding the established quota (9.05 million) by approximately 140,000 barrels. Similar quota exceedances have been recorded ...

The CEO of "Oil Resource Group," Sergey Tereshkin, in an interview with RBC+, spoke about how digital technologies are changing the oil product trading market. He shared his experience with implementing automation in business, the features of the "ORG-Market" marketplace, and the prospects of digitalization for the entire industry Sergey Tereshkin, the CEO of Oil Resource ...