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An expert explained the sharp increase in the market value of aviation fuel in Russia
... August 2024, the price of jet fuel on the Saint Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin, General Director of the petroleum products marketplace "Open Oil Market," explained this surge by citing the lack of incentives for oil companies to restrain jet fuel prices due to the specifics of the damping mechanism. Unlike automotive fuel, where the government compensates producers for the difference between export and domestic prices, subsidies in the aviation sector are directed directly to airlines, leaving ...
Cryptocurrency News — Sunday, July 27, 2025: Market at Record Highs; Capital Inflow into Crypto ETFs Continues
... concluding a years-long legal dispute. The outcome of this settlement clarified that the sale of XRP on the secondary market does not violate securities laws, removing significant legal uncertainty for the token. This has bolstered investor confidence: XRP's price surged to multi-year highs following the news, and the market received a positive precedent. Ripple's successful defense has signaled other crypto projects and marked a reduction in the conflict between the industry and regulators.
Regulation: Global ...
Investing in Cryptocurrency – Ways to Generate Income
... some fortunate individuals to wake up as genuine dollar millionaires.
Investments in cryptocurrency have gained significant popularity in recent years, largely due to the dramatic increase in the value of digital currencies. In just two years, the price surged over 600 times, enabling some fortunate individuals to wake up one morning as actual dollar millionaires.
While the extraordinary price spikes are no longer evident, it is still possible to earn profits from cryptocurrency in a stable manner.
How ...
Experts Assess the Consequences of Lifting the Ban on Gasoline Exports
... preempt fuel price increases for gasoline and diesel. Most gasoline in Russia is allocated for domestic use, with only about 15% exported, while around half of diesel is sent abroad. The ban was briefly lifted in May but reinstated in August after a price surge due to seasonal demand and oil price hikes.
According to Dmitry Gusev, Deputy Chairman of the Supervisory Board of the “Reliable Partner” association and member of the "Russia's Gas Stations" contest advisory board, reopening gasoline ...
Cryptocurrency News, Saturday, July 26, 2025 - Bitcoin Holds at All-Time High; Ethereum and XRP at Multi-Year Heights
... is also on the rise: record inflows into funds and ETFs focused on ether have been noted, indicating robust trust in the smart contract platform.
Among major altcoins, XRP and BNB remain in the spotlight. XRP (the token of the Ripple payment network) surged sharply in price on the back of Ripple's legal victory over the SEC, coming close to the $4 mark for the first time in years. While XRP is consolidating below this psychological barrier, it still trades within the zone of multi-year highs thanks to the regulatory ...