... countries continue to adhere to a policy of gradual oil production increases. In early August, eight key participants in the agreement (including Saudi Arabia, Russia, UAE, Kuwait, and others) announced an increase in the cumulative production quota by ... ... Tereshkin in an interview with Forbes . Russian Market for Petroleum Products: Exported Banned, Prices and Budget Under Control The internal fuel market in Russia continues to enforce a complete ban on the export of certain petroleum products, primarily automotive ...

... scheduled refinery maintenance, an increase in the key interest rate, and fluctuations in the ruble exchange rate. The impact of international oil prices and seasonal factors also play a role in price changes. Experts predict that gasoline price growth will ... ... hold back diesel price hikes, which traditionally occur in autumn, to maintain their reputation with regulators. This tacit agreement to keep fuel price increases within inflation limits is likely to be upheld for diesel but breached for gasoline. As ...

... of all varieties than it consumes. Gasoline production in Russia is between 41-44 million tons per year, nearly matching the internal consumption requirements. Therefore, short-term price fluctuations may be natural, especially during peak demand seasons,... ... that began in August, the share of gasoline exports was about 10-15% of total production. Even considering intergovernmental agreements for gasoline supplies not affected by the ban, there is currently more gasoline trapped in the country than the temporarily ...

... cryptocurrency has become pressing. This was stated by Daniil Egorov, head of the Federal Tax Service (FTS), at the St. Petersburg International Economic Forum (SPIEF-2025). He indicated that legal miners are currently forced to either seek unofficial buyers ... ... needs to decide how to organize the market for trading cryptocurrency domestically. Daniil Egorov noted that much depends on the agreement with the Central Bank: the tax service can ensure accounting and oversight, but launching trading requires approval ...

... with moderate gains. The pan-European STOXX 600 rose around 0.5%, recovering from external risk declines. The main news was the agreement between Washington and Brussels that has prevented the introduction of new U.S. tariffs on EU goods from August 1. The ... ... Stimulus in China and Sustained Growth in India Asian markets are showing mixed dynamics, reflecting the contradictions between internal issues and an improving external backdrop. In China, signs of economic slowdown are evident: the industrial PMI in July ...