... proceeding more slowly than last year, although their absolute level is now significantly higher, reducing risks. Overall, gas prices remain well below the peak levels of 2022 thanks to accumulated reserves and demand reduction measures. Nevertheless, the ... ... Kyiv, which, according to him, is saying "no" to any constructive proposals. As the likelihood of an imminent truce decreases, the risk of intensified Western sanctions against Russia increases. ING analysts emphasize that the less likely a quick ...

... to an increase in global oil and petroleum product inventories. Slowing Demand Growth: The pace of global oil consumption is decreasing. The International Energy Agency (IEA) has revised its demand growth forecast for 2025 down to around 0.7 million barrels ... ... OPEC's estimates have become more cautious – about +1.3 million b/d for 2025. Reasons include a weakening economy and high prices from previous years, which encourage energy conservation. An additional factor is the slowdown in industrial growth in ...

... If the Fed plans to raise rates, it could strengthen the dollar and lower oil prices, impacting European exporters and global markets. 00:30 GMT (November 28): USA – API Weekly Crude Oil Stock Report Changes in oil inventories can affect global oil prices. A decrease in inventories usually leads to higher prices, which is important for energy markets in both Europe and the U.S. ECB Representative Speech: McCaul Statements from a European Central Bank representative may contain hints about monetary policy,...

... and expectations from "green" energy. The company's report will reveal whether it has managed to maintain high productivity and profitability. Improved performance from Southern Copper signals sustained demand for industrial metals, while decreased profitability may reflect falling prices or rising costs (such as energy and labor). Europe Volkswagen AG – Europe's largest car manufacturer (brands Volkswagen, Audi, Porsche, Škoda, etc.). The semiannual report from VW will assess the state of the automotive industry: demand for ...

... remains on track, with Brent oil prices likely to range between $70–75 per barrel in the coming months. The primary risks will emerge in 2025–2027, as OPEC+ countries, including Russia, may need to increase production sharply, causing nominal and real price declines. Simonov concludes that while oil and gas revenues might decrease by year-end, they have already exceeded expectations by 908 billion rubles over eight months. Moving forward, Russia must focus on building its own oil trading system, pricing, settlements, insurance, and transportation to tackle strategic challenges ...