... prices from responding to the peak. This year, there hasn’t been a sharp spike in wholesale prices. Instead, prices have been gradually rising compared to 2023 levels, excluding the fall crisis period. According to Sergey Tereshkin, CEO of OPEN OIL MARKET, the price increase results from five factors: reduced fuel production, recovery of the automotive market, seasonal demand growth, rising refinery costs, and increased exports following the lifting of restrictions in May. Future Expectations If gas station prices catch up with inflation by summer’s end,...

... also be in focus, as they signal growth trends in these key regions. Stay informed on the potential market shifts with Open Oil Market! Tuesday, November 12, 2024: Key Economic Events for Investors 1. European Market Events United Kingdom Average ... ... improves investor sentiment. Weak sales may signal slowing economic activity, affecting Latin American markets. India Industrial Production (September) — Published at 12:30 GMT India’s industrial production index shows the strength of the manufacturing ...

... OPEC, EIA, and API Inventories OPEC Report — updates on global demand/supply, cartel member output estimates, and OECD inventories. Any revisions to demand or export quotas may shift market balance. STEO from EIA — short-term forecasts for U.S. oil/condensate production, fuel consumption, and price scenarios. API — preliminary weekly estimate of commercial oil/gasoline/distillate inventories, setting the tone ahead of the official EIA statistics on Wednesday. Agricultural Markets: WASDE Report Corn, Soybean,...

... Index and JOLTS Job Openings (two metrics on U.S. economic health); 11:30 PM – API oil inventory report (important for the oil market and inflation expectations). In addition to macroeconomic statistics, July 29 will see a substantial issuance of corporate ... .... Commentary: SoFi's results will be critical as an indicator for the fintech sector. Investors will assess user growth, new products, and credit portfolio quality. EPS forecasts are already high, so a strong profit above expectations or an optimistic ...

... which is becoming critical in a highly volatile market. I am confident that further development of fintech will help us strengthen our position and create even more useful solutions for our clients. Pre-IPO of the first independent B2B marketplace for oil products and raw materials OPEN OIL MARKET