..., 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.

... The sharp increase in prices for essential goods can be attributed not only to inflation but also to tax burdens, changes in production and transportation costs, as well as the weakening of the ruble. What Factors Have Influenced Inflation Growth? Weakening ... ... years, leading to higher costs for imported goods and components. Rising Raw Material and Energy Prices Domestic prices for oil, gas, and electricity have increased, impacting the cost of goods and services. Changes in Tax Policy The introduction and ...

... could see changes in export volumes and supply chain dynamics. A lower LPR might lead to increased Chinese imports of American products, positively affecting industries like agriculture and technology. UK Consumer Price Index (CPI) for October (10:00 GMT) ... ... multinational corporations with operations in Europe may experience cost fluctuations impacting their profitability. U.S. EIA Crude Oil Inventory Report (18:30 GMT) The Energy Information Administration's report on crude oil inventories will provide insights ...

... regulator room for a pause or policy easing, which markets would view positively for equities but negatively for the currency. 23:30 (US) - API Oil Inventories (Week): The American Petroleum Institute traditionally releases its estimate of commercial oil and petroleum product inventories for the week. This late release could impact oil prices in the Asian session on Wednesday. A significant reduction in inventories as per the API often supports rising oil prices (indicating high demand or limited supply), while an ...

... surpassing the 2023 level by 15%. While the damper is aimed at curbing gasoline and diesel prices, the other two types of subsidies are tied to the level of refinery modernization: The reverse excise tax is intended for refineries where the output of oil products is at least 75% of the volume of crude oil processed. Refineries with a ratio below 75% can receive the investment surcharge if the operating company, under an agreement with the regulator, commits to modernizing its facilities. According ...