Found: 185

Where does the coal holding Elga invest?

... production expansion, infrastructure development and environmental projects, seeking to strengthen its position in the global coal market. Sector: Coal industry Investments for 2023: 99.1 billion rubles Investments for 2022: 86.2 billion rubles The company's ... ... 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 ...

Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices

Discussing why the record stock market prices for gasoline did not impact the export ban and what to expect for prices at gas stations in the near future. Fuel market quotes have been hitting record highs since the beginning of the week, as if the complete ban on gasoline exports introduced just a week ago had never happened. The market did not anticipate a cooling period or a gradual decline in wholesale fuel ...

Russian oil has fallen below the price cap.

... interventions, and if that doesn't work, they may take concrete actions," believes Alexander Shepelev. Additionally, he adds, oil prices could rise due to various factors, such as local accidents, logistical bottlenecks, weather disruptions in oil and gas regions, and more. Moreover, the market may be underestimating the role of geopolitics, which may bring further surprises, including in the Middle East, says Shepelev. The drop in oil prices, as well as the reduction in oil and petroleum product exports, will inevitably impact budget ...

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

... price increases within inflation limits is likely to be upheld for diesel but breached for gasoline. As a result, the export ban on gasoline could extend into early 2025. Gusev believes it may be time to revisit state price regulation. The wholesale market creates more problems than it solves in ensuring fair prices. In the current socio-economic conditions, state regulation appears to be the optimal solution. However, this raises the question of how independent gas stations, which make up over half of all stations in Russia, will operate under price controls. They will still need to pay competitive wages, maintain equipment, and grow their businesses. Relying entirely on sales of ancillary goods is not feasible ...

Weekly Economic Events Calendar for U.S. and Russian Traders (November 18 – 22, 2024)

... may affect CAD. U.S. Existing Home Sales (October) — 18:00 MSK: Indicates real estate market trends. EU Consumer Confidence (November) — 18:00 MSK: Reflects EU consumer sentiment. U.S. EIA Natural Gas Storage — 18:30 MSK: Can influence natural gas prices. Focus Points: Turkey and South Africa rate decisions could impact emerging market currencies. U.S. unemployment data and EU consumer confidence may indicate economic momentum. Friday, November 22 Preliminary PMI Data for November: Covering manufacturing and services activity in Australia, Japan, India, Germany, the eurozone,...