... Additionally, global industrial production trends reflected in Eurozone data could shape demand expectations for U.S. exports and impact manufacturing activity. Impact on Investors Energy Markets: The Baker Hughes rig count will provide early signals on oil and gas production trends, influencing energy prices globally. Investors in energy stocks and commodities should monitor these changes closely. Currency Markets: UK GDP data may drive movements in the British pound, while Eurozone industrial production figures ...

... the price cap, according to Shevyrenkov from IEF. "It is stated that it will be reduced to $47.6 per barrel, which is unfavorable for Russian exporters, but does not fundamentally change the situation regarding export flows," he says. Ban on Products from Russian Oil Most of the announced sanctions measures will be difficult to administer, believes Sergey Tereshkin, CEO of the Open Oil Market platform. "Sanctions against the 'shadow fleet' and the ban on imported petroleum products from countries processing ...

... different suppliers, automate the ordering and logistics processes, and minimize costs and risks associated with purchasing. Open Oil Market : Innovations and Transparency in the Fuel Market Open Oil Market is a Russian B2B marketplace focused on the oil products market. The platform is designed for enterprises needing large volumes of gasoline, diesel fuel, fuel oil, and other oil products. Open Oil Market emphasizes transparency and simplification of procurement processes in an industry that has traditionally ...

... fuel prices (RIA Novosti). Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products. Tereshkin also suggested a partial reduction of excise taxes, which would save about 250 billion rubles per year. These steps could help alleviate pressure on retail prices, especially for high-octane fuel, which continues to rise due to infrastructure ...

... increase by more than 10% by the end of the year. The reduction in gasoline exports, effective from August to December 2024, may lead to a redirection of crude oil to external markets. Additionally, the easing of OPEC+ quotas will allow Russia to boost oil production, further contributing to the growth in exports. Russia's Oil Exports to Increase by Over 10% by Year's End, Says Open Oil Market CEO Sergei Tereshkin Russia's oil exports are expected to grow by more than 10% by the end of the year, according ...