... billion rubles, helping curb the price increase of gasoline for end consumers. However, such expenditures are burdening the federal budget. According to the Ministry of Finance, oil and gas revenues to the Russian treasury in July amounted to about 787 ... ... and ensuring budget revenues—remains a complex task for authorities and market participants. Gas Sector: Europe is Storing Reserves and Restructuring Routes The European gas market is entering the end of summer with confident figures on reserves. Underground ...

... – a reflection of market correction following the peaks of the 2022-2023 energy crisis. Investors are also monitoring external economic signals: negotiations between the U.S. and China over trade disputes continue, and it is expected that the U.S. Federal Reserve will maintain its interest rate without changes during its meeting on July 30. Loose monetary conditions, along with resolution of trade disputes, could support fuel demand in the second half of the year. Gas Market: Storage Filling Accelerates,...

... May, according to the Ministry of Energy, the country's commercial diesel reserves amounted to 3.4 million tons, and gasoline reserves stood at 2 million tons. Vedomosti sent additional questions to the ministry. Additionally, as Vedomosti reported,... ... Vedomosti that the draft regulation must be approved by the Ministry of Finance, the Ministry of Economic Development, and the Federal Customs Service. One source noted that the Federal Anti-Monopoly Service supports the diesel export ban. Vedomosti ...

... On the other hand, there are signals of a slowing global economy: demand for raw materials in China is growing more cautiously than anticipated, and the U.S. has seen moderate job growth. However, central banks are softening their rhetoric: the U.S. Federal Reserve held the rate steady at its July 30 meeting, indicating that the tightening cycle is coming to an end. A softening of monetary policy supports investor interest in raw materials, including oil. As a result, despite the balancing effect of demand ...

... corporate earnings in service industries will remain robust. However, the report also sounded a note of caution: a sharp increase in prices paid by service providers underscored that inflation pressures remain alive. This aspect of the report has kept the Federal Reserve (Fed) and its peers vigilant, tempering market euphoria with the reminder that monetary policy may need to stay tight for longer. Key ISM Indicators for April 2025 Below are the key indicators from the April ISM report for the US services (non-manufacturing) ...