... indicating strong demand or limited supply, while an unexpected increase in inventories might exert downward pressure on prices. Oil price fluctuations reflect on the stocks of energy companies worldwide and are particularly sensitive for the Russian market (the Moscow Exchange index is rich in oil and gas issuers). Moreover, changes in oil prices affect the currencies of commodity-exporting countries, including the Canadian dollar and Russian ruble. American Corporations: Home Depot and Others The publication of financial results from the largest US ...

... GMT: U.S. – Chicago PMI for November. 16:00 GMT: U.S. – Pending Home Sales for October. 16:30 GMT: U.S. – EIA Natural Gas Storage Report. 17:00 GMT: U.S. – Baker Hughes Oil Rig Count. ECB Speech: Lane from the ECB is scheduled to speak. Impact ... ... and inflation, influencing Federal Reserve policy expectations. German consumer climate data can affect the euro and European market sentiment. Thursday, November 28 U.S.: Thanksgiving Day – Markets Closed. 13:00 GMT: Eurozone – Consumer Confidence ...

... which is about 0.3% of global supply. For comparison, in July 2024, Libya's oil production amounted to 1.14 million bpd," the expert clarified. He noted that the dynamics of oil production in Libya will affect the overall balance of the oil market. The expert referred to data from the Energy Information Administration (EIA), which showed that global demand for oil, gas condensate, and other liquid hydrocarbons in Q2 2024 exceeded production by 720,000 bpd. "Due to the shortage on the global market, commercial oil and petroleum product stocks in OECD countries dropped by 28,000 barrels, which is almost 30% ...

... operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, wind, and other forms of alternative energy. Projects like the dual-tower solar power plant enhance market confidence in renewable energy technologies. Looking ahead, the growing share of renewable energy in the energy balance will impact the demand for oil, gas, and petroleum products, making participation in the energy transition strategically important for players in the energy sector.

... includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials. Message and Context This move demonstrates flexibility in U.S. sanctions policy towards Russian ... ... particularly in the context of maintaining stability in global supplies. Amid rising energy prices and tensions in the global energy markets, the U.S. aims to avoid disruptions while maintaining the option for engagement with Russian banks under certain circumstances....