... change: -1.5%. Stitch Fix Inc (SFIX): report at 00:05 MSK. Expected change: -16.1%. Wednesday, December 11 OPEC: Monthly Oil Market Report (14:00 MSK) The report will present updated estimates of demand, supply, and trends in oil markets. Comments on the global economy's impact on the oil market are expected. US: Consumer Price Index (November) (16:30 MSK) A key inflation indicator crucial for Federal Reserve policy. High values may strengthen expectations of further monetary policy tightening. Canada: Central Bank Rate Decision (17:45 MSK) Discussion of Canada's economic ...

... refineries and oil bases reached 1.8 million tons, which is 2% higher than the level at the same time last year. This suggests that there should be no cause for concern. What is worrisome, however, is that exchange quotations are rising despite falling prices for Russian oil (following global trends) and regardless of the strengthening ruble. Exchange trading operates according to market laws, and the increase in quotations under current conditions can be most simply explained by a lack of supply in the trades. But the supply level ...

... Importance Why it matters: Discussions at the G20 Summit often drive international economic strategies, with topics on Ukraine, European stability, and the U.S. post-election landscape. Recommendations: Watch for statements on sanctions, energy exports, and global trade. Oil prices and the ruble could react to any hints of sanction relief. Inflation Data from EU, Canada, and UK Why it matters: High inflation in major economies can impact euro, pound, and CAD rates. Recommendations: Look for opportunities in euro and pound ...

... during the winter diesel season. Rodionov points out that due to low competition, oil companies have little incentive to lower prices. The only things that act as a restraint are the regulator's "scolding" (in the form of export bans) and the ... ... However, one might argue that the refining and retail margins are sometimes zero or even negative. This is due to both the rising global oil and oil product prices and the high tax burden on the oil industry. With zero or negative margins, no amount of competition ...

... prices. Despite ongoing sanction risks, market uncertainty has decreased – a more accommodative central bank policy and a stable ruble create conditions for economic revival in the second half of the year. Commodity Markets: Oil Balance and Gold Surge Oil is trading in a narrow range: Brent is holding around $68–69, slightly below early July levels. On one hand, expectations of a global economic slowdown and weak data from the U.S. and China are limiting crude demand. Some analysts foresee prices dropping to $60 by year-end. On the other hand, OPEC+ participants continue to cut production, preventing oversupply: Saudi Arabia has extended voluntary production cuts of 1 million barrels per day (August), and Russia is limiting exports by 500,...