Oil prices remained in the red on Wednesday after the publication of the US Department of Energy’s weekly report on energy reserves in the country.
Commercial oil inventories in the US last week increased by 3.46 million barrels to 415.13 million barrels, the Energy Department reported. Gasoline stocks increased by 2.96 million barrels, distillate stocks decreased by 4.99 million barrels.
The cost of March futures for Brent on the London ICE Futures exchange as of 18:00 hours is $77.3 per barrel, which is $0.19 (0.25%) lower than at the close of the previous trading.
March futures for WTI during trading on the New York Mercantile Exchange (NYMEX) decreased in price by $0.36 (0.49%) to $73.41 per barrel.
Traders’ attention is still focused on the actions of US President Donald Trump, who intends to impose a 25 percent duty on imports from Canada, a major supplier of oil to the US market, starting February 1.
“The oil market continues to dance to the rhythm of Trump’s tariff orchestra, with the focus on the duties for Canada that will take effect this Saturday,” said Ole Hansen, who is responsible for commodity strategy at Saxo Bank.
Traders are also waiting for news from OPEC+. Kazakhstan’s Energy Minister Almasadam Satkaliyev said on Wednesday that a meeting at the level of OPEC+ representatives is planned in the near future to discuss, among other things, the US plans to increase oil production.
As of January 29, Ukraine exported 25.353 mln tonnes of grains and pulses since the beginning of 2024/25 marketing year (July 2024 – June 2025), of which 3.121 mln tonnes were shipped this month, the press service of the Ministry of Agrarian Policy reported citing the data of the State Customs Service.
It is noted that as of January 30 last year, the total shipments amounted to 23.146 million tons, including 4.582 million tons in January.
In the current season, Ukraine has already exported 10.7 mln tonnes of wheat (9.027 mln tonnes in 2023/24 MY), 2.064 mln tonnes of barley (1.4 mln tonnes), 10.8 thsd tonnes of rye (1 thsd tonnes), and 12.166 mln tonnes of corn (12.465 mln tonnes).
As of January 29, the total exports of Ukrainian flour in the current season are estimated at 43.3 thsd tonnes (52 thsd tonnes in 2023/24 MY), including 39.9 thsd tonnes of wheat (48.6 thsd tonnes).
The global soybean market is still in stable demand, and Brazil and the United States remain the key players and competitors of Ukrainian soybeans, according to the analytical cooperative “Pusk”, created within the framework of the Ukrainian Agrarian Council.
“The price of soybeans in Chicago is growing, which is a signal for the physical market. The soybean deficit is not expected in the world, but the weather conditions in Brazil add to the tension. Problems with precipitation and moisture content of the crop may reduce the quality of the grain, which will push prices up,” the experts said.
According to the analysts’ forecasts, in February Ukraine is expected to see the price at $400-405 per ton on CPT terms. At the same time, Ukrainian processors are currently unable to offer high purchase prices due to lower prices for rapeseed and sunflower.
Nevertheless, the market is supported by export demand. The situation on the soybean market remains dynamic, and weather conditions may become one of the key factors in determining prices, analysts say.
DIM has completed monolithic works in the capital’s Olegiv Boutique Residence, and the project is scheduled to be fully completed in the second quarter of 2026, its press service told Interfax-Ukraine.
The release says that a flower has symbolically opened its petals on the roof of the building, which is how builders traditionally inform that the main structure is ready, and therefore the project is moving on to the next stage – facade, interior, and finishing work.
OLEGIV Boutique Residence (36 Olehivska St.) is the first premium-class building in Ukraine in the Art Boutique Residence format, and the developer aims to combine the concept of European boutique hotels with the artistic background of the capital’s Podil. The complex consists of one building with a height of 5-8 floors, with 208 apartments. The project envisages the arrangement of a closed courtyard free of cars and a spacious underground parking lot for 102 parking spaces with electric car chargers.
The building is equipped with an independent power supply system that ensures constant operation of elevators and lighting in the corridors, as well as an access control system. Heating will be provided by an in-house gas boiler house.
Founded in 2014, DIM Group specializes in a full cycle of development, including design, construction, and real estate management. During this time, the company has commissioned 15 buildings in eight residential complexes, a total of 3,640 apartments, and built more than 332.7 thousand square meters of residential and commercial space. In 2024, DIM commissioned 1191 apartments in three residential complexes: “New Autograph, Lucky Land and Park Lake City. Six comfort+ and business class residential complexes are under construction: “Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil, The One.
Prices for white cabbage in Ukraine have once again started to rise this week. According to the daily monitoring data of the EastFruit project, by the end of January, many producers have sold out most of their stocks. In addition, there are almost no medium and low quality vegetables left on the market.
Thus, today the selling prices for white cabbage in farms have already risen to UAH 34-40/kg ($0.81-0.95/kg), depending on the quality and volume of offered batches of products, which is on average 15% more expensive than at the end of the last working week. It is cabbage that again topped the rating with the highest prices among all items of borscht set in Ukraine!
Given the rapid decline in cabbage stocks in farms, farmers began to restrain sales of quality vegetables, which led to another price hike this week. This information is confirmed by wholesale companies, which note a general reduction of cabbage offers on the market.
It should be noted that today the prices for white cabbage in Ukraine are already on average 3.7 times higher than in the same period last year. At the same time, the majority of market participants do not exclude the possibility of further rise in prices for this product, and, in their opinion, the rate of price growth will accelerate as the stock of this product in households is reduced.
You can get more detailed information about the market development of white cabbage and other horticultural products in Ukraine by subscribing to the operative analytical weekly – EastFruit Ukraine Weekly Pro. Detailed information about the product can be found here.
Source: https://east-fruit.com/novosti/czeny-na-kapustu-v-ukraine-dostigli-novyh-rekordnyh-40-grn-kg/
Over the past year, DTEK Kyiv Grids has repaired and reconstructed 797 power facilities and 62 km of power lines and carried out 5,000 repairs of cable lines, investing almost UAH 1 billion in these projects.
“This helped to increase the resilience of the capital’s power grids to the challenges of enemy attacks and lay the foundation for a successful heating season,” the company said on its website on Wednesday.
According to the company, to prevent possible accidents, DTEK Kyiv Electricity Networks specialists carried out routine and emergency measures, in particular, repaired more than 46 km of power lines and 731 power facilities, and cleared more than 158 km of routes under power lines to prevent wire breakage due to bad weather.
Implementing its own investment program, which involves the overhaul of existing facilities or the construction of new ones, DTEK Kyiv Grids reconstructed one high-voltage substation, eight distribution points, 44 transformer points and 15 kilometers of cable networks in 2024. In addition, the company upgraded 13 high-voltage substations.
Thus, the quality and reliability of electricity supply was improved for 70 thousand families in the capital.
“Despite the challenges of wartime, we keep our existing electrical equipment in good working order and maintain it on time. We are also gradually implementing a program of technical re-equipment and modernization. In particular, in 2024, we allocated almost UAH 1 billion for such projects,” said Denys Bondar, CEO of DTEK Kyiv Grids.
In 2024, the company’s specialists also installed almost 39 thousand smart meters in the homes of Kyiv residents.
As reported earlier, in 2024, DTEK Grids’ distribution system operators repaired and reconstructed 14.1 thousand kilometers of power lines and more than 6 thousand power facilities, which is 80% more than in 2023.
“DTEK Grids is developing the electricity distribution and power grid operation business in Kyiv, Kyiv, Dnipro, Donetsk and Odesa regions. The company’s DSOs serve 5.5 million households and 158,000 enterprises.