In a market characterized by increasing competition and volatility, investing in advanced analytics and machine learning technologies is essential for improving the buying (bids) and selling (offers) in the market.

The smart grid market is undergoing rapid transition. The power distribution utilities, technology providers and system integrators are exploring smarter ways to exercise choices in the use of distributed energy resources and take control of the electricity distribution systems.

Brent leapt $1, or 1.36%, to $74.56 a barrel, WTI spiked $1.07, or 1.53%, to $70.9.

Russia is now at a crossroads between a “soft” and “hard” economic landing next year,

Amid the lower projections, the department said, "India remains the key export destination for Australian metallurgical coal along with Japan, with volumes remaining relatively stable for both."

Brent edged up 7 cents, or 0.1%, to $71.77 a barrel, WTI gained 8 cents, or 0.12%, to $68.25.

Global oil demand is now expected to grow by 0.9 to 1.2 million barrels per day (mbpd) in 2024, down from previous estimates of 1 to 1.3 mbpd, as per the poll.

What many aren’t aware of is that Russia remains one of the continent’s most important energy suppliers, and the European Union’s goal to end its dependence on Russian fossil fuels by 2027 will be hard to achieve.

"We can live through any price," Novak told Al Arabiya News in an interview published on Monday.

Brent increased 51 cents, or 0.71%, to $72.49 a barrel, WTI added 43 cents, or 0.63%, to $68.61 a barrel.

Energy ministry expected Russia to produce 540 million metric tons of oil in 2030 (10.8 million barrels per day), up from 531 million tons in 2023.

The shift in thinking represents a major change of tack for Saudi Arabia, which has led other Opec+ members in repeatedly cutting output since November 2022 in an attempt to maintain high prices.

Brent were up 69 cents, or 0.93%, at $74.59 a barrel, WTI rose 74 cents, or 1.05%, to $71.11.

Brent were up 99 cents, or 1.39%, at $72.05 a barrel, WTI rose $1, or 1.48%, to $68.67 a barrel.

По состоянию на 1 сентября 2024 г. объем ФНБ составил 133 415,9 млн долл. США.