... 'feature' has become the new price ceiling for oil, although initially, the Europeans wanted to include a roadmap for ending Russian gas purchases in this package. However, since these restrictions could negatively impact Belgium and France, they backed off from ... ... ceiling changes nothing," the interviewee noted. Agreeing with a colleague, Sergey Tereshkin, General Director of Open Oil Market, pointed out that recent months have clearly demonstrated that the oil ceiling is only adhered to when Brent prices fall....

... living for citizens and influence strategic decisions in economic policy. Special attention is given to the current challenges facing Russia's oil sector, as well as potential ways to adapt the economy to the new conditions. The structure of oil and gas revenues in the Russian budget helps mitigate the risks of a decline in global oil prices, Sergey Tereshkin, CEO of the petroleum product marketplace Open Oil Market, said in a conversation with RIA Novosti. According to him, one of the serious risks to Russia's budget system in 2025 will be a drop in raw material prices. The OPEC+ alliance, at its most recent meeting last week, extended the validity of ...

... businesses beyond the finance sector. An American electronics manufacturer has invested heavily in BNB tokens for its treasury, while a pharmaceutical company has invested in Litecoin. The British oil and gas firm Union Jack Oil plans to use excess gas for Bitcoin mining to monetize resources. Such steps legitimize cryptocurrencies in the eyes of traditional companies and create additional market demand. Market Prospects: Investor Expectations The beginning of August has been marked by relative calm in the cryptocurrency market, but ahead are a number of drivers capable of setting a new direction for trends. Analysts view the current pause ...

... although major corporations disclosed their results at the beginning of August. In Russia, the semiannual reporting season continues: from late August to early September, the publication of interim financial results from large companies (banks, oil and gas sector, metallurgy) typically occurs. Investors on the Moscow Exchange will closely analyze these reports in light of expectations, which may lead to targeted movements in the prices of Russian stocks. Commodity and Currency Markets: Trends This Morning In the commodities and currency front, Monday morning is influenced by the dovish rhetoric from the Fed. Global oil prices remain relatively stable. A barrel of Brent crude is trading around $67–68 , slightly gaining in ...

... (USA, Japan, EU countries) will remain stable. Sergey Tereshkin, founder and CEO of the oil products marketplace OPEN OIL MARKET: According to the forecast by the U.S. Energy Information Administration (EIA), oil production in the U.S. is expected ... ... deal, Russia's quota should increase from the current 8.98 million barrels per day to 9.45 million barrels per day (excluding gas condensate and light hydrocarbons, which are included in broader production statistics). For comparison, in October 2024, ...