... Russian oil supplies to the global market, according to Dalip Singh, Deputy National Security Advisor to the U.S. President. He stated that new measures would target the sale and transportation of Russian oil. Earlier, Bloomberg reported that in September, prices for Russian Urals crude oil fell below $60 per barrel, the price cap set by the G7 and the EU. As a result, Russian oil export revenues for the first half of September dropped by 30% compared to late June. The average monthly price ...

... wholesale level. A higher-than-expected PPI can indicate increased input costs, which often translate to higher consumer prices. This can further pressure the Bank of England to consider tightening its monetary policy. Eurozone Industrial Production (September) — Published at 10:00 GMT Industrial production data across the Eurozone provides insights into the region's manufacturing and production capacity. Positive results can support the euro and European stocks, while a downturn might signal economic ...

... additional supply risks. However, the potential for price growth remains limited. One reason is the proactive policy of OPEC+, which the market has already factored in: the alliance of oil-producing countries agreed to increase production starting in September, and the expectation of additional volumes is moderately cooling the situation. Furthermore, concerns regarding a slowdown in the global economy and weakening demand in China prevent prices from surging sharply. Several analytical agencies have ...

... Market Data, and Corporate Earnings Reports from Major Companies The new trading week begins with cautious optimism in global markets. Investors are digesting the signal from the U.S. Federal Reserve regarding a possible interest rate cut as early as September, announced during the symposium in Jackson Hole. Against this backdrop, bond yields have decreased, the dollar has weakened , and demand for riskier assets has risen. In Europe, the focus is on the Ifo business climate index for Germany, which ...

... press conference. These events are set to drive markets, making it a crucial day for investors — stay informed with Open Oil Market! Thursday, November 14, 2024: Key Economic Events for Investors 1. European Market Events Eurozone Trade Balance (September) — Published at 10:00 GMT The trade balance report reveals the difference between exports and imports across the Eurozone. A strong surplus supports the euro and signals demand for European goods. A deficit could raise concerns about economic ...