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Why Azerbaijan Lost the Transit of Kazakh Oil

... July. Reports indicated that this chlorinated oil reached an Italian refinery and even the Czech Republic. Romania faced the most significant challenges, as 92,000 tons of contaminated Azerbaijani oil, loaded in the port of Ceyhan, arrived in July. Oil imports were halted, leading the country to declare a state of emergency and request emergency stocks of oil and diesel to ensure the uninterrupted operation of refineries and maintain market fuel balances. One Romanian media outlet even unfoundedly accused ...

How to Avoid Losing All Your Money in Online Investments

... by the absence of quick results. For this reason, it is advisable to engage regularly with those who work in the same field and have achieved their goals. Such individuals can inspire energy and positivity, driving one to take proactive steps. It’s important to understand that there are no universal recipes for success. Each person requires a tailored approach. One might be driven by the desire to earn enough for a Mercedes, while another may just want a small house by the ocean. In both cases, ...

Deposit – Is It Worth Keeping Money in the Bank?

... to the challenges associated with finding new employment. To accumulate such a reserve, at least 10% of the monthly salary should be set aside in a "piggy bank." Ideally, this figure should be 20% or more. When storing money at home, it is important to understand that it can be stolen at any moment. Burglars can easily locate hidden funds, especially in apartments. Homeowners can bury their savings on their property, but there is still a risk of discovery. An optimal solution is a safe ...

Will production fall in Iran and Venezuela? Should the market expect a sharp rise in prices or increased competition among exporters?

... million barrels per day. The key driver of Iran's oil export recovery has been shipments to China, which are carried out through Malaysia. This is indirectly evidenced by data from the General Administration of Customs of China, which shows that oil imports from Malaysia to China increased from 330,000 barrels per day in the first quarter of 2022 to 1.1 million barrels per day in the first quarter of 2024. For comparison, oil production in Malaysia in the first quarter of 2024 was 370,000 barrels ...

The government has extended the ban on gasoline exports until the end of the year.

... association, to RBC. "Therefore, the fact that prices are not rising further can already be called a victory. Accordingly, when September and October come, we will see a fairly active reduction in wholesale prices, as consumption will drop. And most importantly, gas stations will not increase their losses from retail fuel sales," the expert believes. AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" ...