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Gasoline Outpaces Inflation: Will Prices Continue to Rise at Gas Stations?
... Russia has experienced deflation for two consecutive weeks, indicating a decrease in prices on average across the country. However, experts surveyed by "Rossiyskaya Gazeta" believe that the government's decision to fully prohibit gasoline exports—previously restricted for traders, but now also affecting fuel producers—will either halt or at least slow down retail price increases.
In light of the export ban, oil producers will strive to curb the rise in retail prices. According to Yuri ...
The budget is in the black. What ensured the increase in oil and gas revenues?
... totaling 2.58 trillion rubles in absolute terms.
Oil at the Core
The primary driver was the growth in revenues from oil production taxes. Collections from the Mineral Extraction Tax (MET) on oil exceeded the combined revenues from MET on oil and export duties by 73%, amounting to an additional 2.54 trillion rubles.
This year marked the completion of the tax maneuver, under which the Ministry of Finance phased out export duties on oil and petroleum products in exchange for a gradual increase ...
Oil and coal run as lackeys.
... who say that, under strict compliance with the NDP, oil product producers—meaning oil producers—will not lose out are right. Because, if we take the new cargo transport priorities that will be in effect from 2025, it follows that the transport of export energy raw materials, carried by specialized rolling stock, will be two positions higher than the transport of export non-energy raw materials in universal rolling stock, explained energy expert Kirill Rodionov to Vgudok.
"This means that ...
Why are retail gasoline prices rising?
... increased by 95 kopecks.
The situation resembles last year when, by late summer, price increases at gas stations outpaced inflation, prompting the government to take urgent measures to curb the rise. These measures included a ban on gasoline and diesel exports, higher quotas for exchange-traded sales, and stricter FAS control over oil depots and gas stations. While these tools remain available to the government, this year’s situation is somewhat different.
Last year, retail price increases were ...
New Reality for Gazprom: The End of a 60-Year Partnership with the EU
The European gas market is undergoing historic changes: Gazprom faces serious challenges after ending 60 years of cooperation with the EU. A 9-fold reduction in exports, increased competition from American LNG, and Europe's transition to "green energy" have changed the geopolitical and economic picture. In this article, we examine in detail how the company is adapting to the new realities, which markets ...