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Discounts on Russian Urals oil have reached a two-year high, indicating potential changes in global demand, pricing, or geopolitical circumstances. Read more about the implications and causes of this event.
In Russia, a decision has been made to support the processing of domestic oil abroad through the state budget. This measure is aimed at developing the oil sector, increasing exports, and strengthening positions in the global market. Discover why this is being done and who may receive payments.
China's economy is strengthening and catching up with its competitors globally, largely due to increasing cooperation with Russia. Joint projects and energy deals are significantly contributing to China's strong economic growth amid global changes.
The government plans to extend the complete ban on gasoline exports until the end of the year, which may affect prices and demand within the country. Analysts comment on the possible consequences of this decision.
OPEC+ has decided to slow down the pace of oil production increases, which may affect global prices and the balance in the oil market.
The oil market is under pressure: a massive arrival of barrels is expected onshore – supply and demand are facing off again, which could affect world prices. Experts are analyzing the potential consequences for the economy and consumers.
Hungary has signed a nuclear deal with the USA to enhance energy security, modernize its nuclear infrastructure, and gain access to advanced technologies. What are the key reasons for this collaboration, and what prospects does it open for the country? Find out more.