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OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It
... European Brent crude fell by 2.3% on Monday compared to the previous Friday's close, settling at $68 per barrel, while U.S. WTI fell by 2.5% to $65.6 per barrel.
Opportunity to Rebound
The decision to increase output by the same amount as in August indicates that OPEC+ is consistently pursuing a policy of a quicker exit from additional voluntary limits, explained Alexey Gromov, Chief Energy Officer at the Energy and Finance Institute (IEF), to Forbes. "Overall, OPEC+ is thus solving two tasks,...
Startup and Venture Investment News on August 16, 2025 - AI Mega-Rounds, IPOs, and Global Capital Expansion
... initiatives are emerging in the region to support local startup ecosystems, increasing investor interest in local projects.
Return of Mega Funds: Big Money Back on the Market
The largest investment players are making a triumphant return to the venture arena, indicating a growing risk appetite. Japanese SoftBank has launched Vision Fund III with a volume of about $40 billion, focused on cutting-edge technologies (primarily artificial intelligence and robotics). Concurrently, sovereign funds from the Gulf countries ...
Cryptocurrency News August 10, 2025 - Bitcoin Above $116,000, Ethereum Exceeds $4,000
... register of major miners. Concurrently, financial organizations and lawmakers are discussing the launch of experimental legal regimes for cryptocurrency transactions and trading platforms. Although final regulation is yet to be adopted, these initiatives indicate movement toward legalization in CIS countries.
Despite different approaches, the overall trend worldwide is shifting towards legalization and transparency. The crypto industry is gradually emerging from the "gray zone" and gaining official ...
8 Harmful Work Habits that Destroy Health and Efficiency
... stretching breaks: several neck tilts, shoulder rotations, and back stretches. Proper workspace organization is the best prevention against spine and muscle pain.
Habit 3: Lack of Breaks Throughout the Day
Many believe that working without stopping indicates efficiency. In reality, the absence of short breaks is a harmful habit that negatively impacts both health and productivity. Hours spent staring at a computer without pauses place a massive strain on the eyes, leading to dryness and a burning ...
Energy Sector News August 8, 2025 — U.S. Pressures India, Gasoline Export Ban, Oil Stabilization
... Brent crude prices rose back to around $68–69 per barrel, while U.S. West Texas Intermediate (WTI) traded around $66. The increase of approximately 1% over the day was influenced by several factors. First, statistics from the U.S. Department of Energy indicated an unexpected decrease in commercial oil stocks by about 3 million barrels over the last week, signaling robust demand and supporting the market. Second, investors are factoring in the potential for supply disruptions due to escalating sanctions: ...