Found: 194

What will happen to oil and gas budget revenues by the end of the year?

A commentary with a forecast of budget revenues from oil and gas trade for Vedomosti. In the article "What Will Happen to Oil and Gas Revenues in the Budget by the End of the Year," Sergey Tereshkin, founder and CEO of OPEN OIL MARKET, analyzes the dynamics of oil and gas revenues in Russia's federal ...

Why the ban on gasoline exports did not stop the rise in gas station prices

... Although oil prices have a delayed impact on domestic fuel costs, they may exert some pressure unless oil rebounds quickly. Another factor is the unusually warm September, which extended the summer travel season, increasing demand for gasoline. Rain and cooler weather are expected to temper this demand. Currently, independent gas stations, rather than those owned by major oil companies, are driving most of the price increases. This was also the case last year. Smaller stations lack the financial buffer to maintain low prices, and their cautious pricing affects overall statistics. Several additional factors are fueling ...

Thursday, December 5, 2024: Analysis of Key Events and Reports

... comprehensive analysis, Sergey Tereshkin examines the pivotal economic events slated for Thursday, December 5, 2024. The article delves into significant macroeconomic indicators, including Switzerland's unemployment rate, Germany's manufacturing orders, and the Eurozone's retail sales figures. A focal point is the OPEC+ meeting and its potential ramifications on global oil prices and the Russian economy. Additionally, the piece evaluates the U.S. trade balance, initial jobless claims, Canada's Ivey PMI, and the EIA's natural gas storage data. Insights are provided on speeches from central bank representatives and their prospective impacts on financial markets. The article also highlights corporate events, such as shareholder meetings and financial disclosures from major companies,...

Where does the coal holding Elga invest?

....1 billion rubles Investments for 2022: 86.2 billion rubles The company's main assets: Elginskoye coal deposit: Located in the southeastern part of Yakutia, it is the largest coking coal deposit in Russia with reserves of more than 2.2 billion tons. Oil and gas Coal mining began in 2011, since then production volumes have increased significantly. Railway infrastructure: Own 360 km Elga-Ulak railway line connecting the deposit with the Baikal-Amur Mainline (BAM). Oil and Gas The construction of the 500 km ...

Experts assessed the impact of the increase in fuel excise taxes on gas station prices.

... rate for gasoline of ecological class 5 will be 15,755 rubles per ton, while for diesel fuel, it will be 10,915 rubles per ton. Experts note that excises account for about 20% of fuel costs, so the 4% increase will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional budgets, and their indexation is aimed at supporting regions that may face financial difficulties. Starting in 2025, excise taxes on gasoline and diesel fuel (DF) ...