... fall, a new wave of price increases may occur if root causes such as limited gasoline supplies and ongoing repairs at refineries are not addressed. The government will need to balance the necessity of containing consumer prices with incentives for oil companies to avoid fuel shortages during the harvest season and the beginning of the fall period. Coal Industry: Record Production Amid Moderate Demand The global coal sector is reaching a new peak in production in 2025, although the pace of consumption growth is slowing....

... maritime supplies of petroleum products from Russia, yet the government continues to use Rotterdam hub quotes to calculate subsidies for the damper mechanism. If the Rotterdam quotes exceed the threshold set in the Tax Code for AI-92 gasoline and diesel fuel, oil companies receive payments from the budget. Otherwise, the oil companies contribute to the budget. The last time oil companies contributed to the budget was in February 2021, after which payments have only been made in favor of the oil companies. This ...

... sources. In traditional sectors (oil, gas, coal), there is a temporary strengthening of positions due to high prices and the urgency for stable energy supply, even in light of the strategic shift towards a "green" transition. Investors and companies within the fuel and energy complex in Russia and globally remain vigilant in monitoring these trends to make timely strategic decisions. The combination of flexibility and foresight in such an environment is becoming the key to success for market participants—from ...

... exchange norms will significantly increase fuel availability for independent gas stations, which will help curb retail price growth," he says. Impact of Manual Management on the Market The downside of the current model of managing the domestic fuel market is the lack of long-term planning opportunities, says Viktor Katona, senior analyst for oil markets at Kpler. In this system, companies do not know how long gasoline exports will be allowed, so they will produce only enough excess to avoid overfilling their oil storage in case of a sudden export ban. "The problem is that the Ministry of Energy should determine export ...

... of amendments to the Tax Code in its third reading, which include changes to fuel excise taxes. According to the document, the excise tax on Euro-5 gasoline will increase by 14% starting in 2025 (from 15,048 to 17,088 rubles per ton), and on diesel fuel by 16% (from 10,425 to 12,120 rubles per ton). The rise in excise taxes will contribute to higher costs for oil companies, which have already faced additional expenses this year. This is indirectly confirmed by data from Rosstat, which shows that the profit-and-loss balance of oil refineries decreased by 29.4% in the first seven months of 2024, amounting to 1,563 ...