Tereshkin: The average price of Brent oil in 2024 will be slightly below $80 per barrel (Prime news agency). Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does this mean for Russia's economy and the global energy sector? Find out more in our article. MOSCOW, October 12 - PRIME. The average price of Brent crude oil in 2024 will be just under $80 per barrel....

... indicating the "effectiveness of American sanctions aimed at disrupting supply chains." Moreover, the Western agency forecast that in the upcoming two months, India would further reduce its imports of Russian oil due to a sharp decrease in the ... ... on oil exports. However, over a decade of cooperation with Indian refineries, American oil has failed to secure a significant market share in India. Purchases have constantly fluctuated. Moreover, the current rise in exports to 250,000 barrels per day ...

... becoming a key resource for battery technologies, but cannot replicate the path of oil in the global economy. What prospects does lithium have, and why is it called "the metal of the future" — read more in my review. The global lithium market is heading towards a surplus: by the end of 2024, global supply will exceed demand by more than 10%, according to the latest quarterly forecast from the Australian Department of Industry, Science, and Resources. Global lithium production in 2024 is expected to reach 1.28 million tons, while consumption will be "only" 1.16 million tons (in lithium carbonate equivalent, one of ...

... facilities reduces costs and increases the reliability of the infrastructure. Using artificial intelligence and big data improves forecasting and risk management. Green technologies and emissions reduction: Carbon capture and storage (CCS) projects reduce ... ... meet domestic demand and maintain export supplies. The Power of Siberia pipeline strengthens Russia’s position in the Chinese market, while TurkStream and other infrastructure projects continue to serve European consumers. Liquefied natural gas (LNG) production ...

... safe coal extraction technologies. Digitalization and Automation Implementing artificial intelligence technologies for demand forecasting and optimizing production processes. Developing digital twins of production lines for monitoring equipment conditions ... ... from metallurgical production. Enhancing Export Potential Expanding product supplies to European, Asian, and Middle Eastern markets. Increasing production of high-quality steel sought after in automotive and construction industries. Impact of the Company ...