... September 7, at the monitoring committee's meeting, OPEC+ ministers will assess the situation and discuss the fate of remaining cuts (1.65 million b/d, formally extended until the end of 2026). Simultaneously, the latest OPEC monthly report reaffirms the ... ... money on selling a liter of gasoline, as retail prices are administratively restrained and have not kept pace with exchange rates. The Russian government is preparing responsive actions to stabilize the situation. Deputy Prime Minister Alexander Novak ...

... ministerial monitoring committee meeting, OPEC+ ministers will assess the situation and discuss the future of the remaining cuts (1.65 million b/d, formally extended until the end of 2026). At the same time, OPEC's latest monthly report instills confidence ... ... injected over 40 billion cubic meters of gas during the summer months, confidently moving towards the target storage filling rate of 90% by November 1. The current injection rates indicate a high likelihood of achieving – and possibly exceeding – ...

... economic activity. Supply and OPEC+ Policy. OPEC+ countries are consistently increasing production, effectively unwinding previous cuts ahead of schedule. At an extraordinary meeting in early August, members agreed to raise the total quota by 547,000 barrels/day ... ... the U.S. has seen moderate job growth. However, central banks are softening their rhetoric: the U.S. Federal Reserve held the rate steady at its July 30 meeting, indicating that the tightening cycle is coming to an end. A softening of monetary policy supports ...

... crypto market. In the United States, investors are eagerly awaiting important macroeconomic data in the coming days – particularly the labor market report , which will be released on Friday. Strong employment figures could temper hopes for a near-term cut in the Federal Reserve's baseline interest rate, which usually negatively impacts risk appetite (including investments in cryptocurrencies). Conversely, weak employment numbers could bolster expectations of monetary policy easing at the upcoming Federal Reserve meeting. Such outcomes could have ...

... Growth Amid Soft Signals from the Fed Recent statements from the U.S. Federal Reserve have given the cryptocurrency market a new boost. On Friday, at the symposium in Jackson Hole, Fed Chairman Jerome Powell unexpectedly hinted at the possibility of cutting the key rate as early as September. This soft tone from the regulator immediately reflected on risk appetite: the prices of leading cryptocurrencies jumped sharply on Friday evening, and U.S. stock indexes also moved into positive territory. Even before Powell's ...