... remain chronic," he argues. Meanwhile, fuel prices on the exchange have been falling for the fourth consecutive trading session. According to data from the territorial index for the European part of Russia from the St. Petersburg Commodity and Raw Materials Exchange (SPbMTSB), the price of AI-92 decreased by 1.6% on September 11 to 59,480 rubles per ton, while AI-95 dropped by 2.15% to 67,808 rubles per ton (the lowest since July, when a temporary export ban was still in place). In August, AI-95 ...

... percent of supplies from Russian refineries. The problem is that this measure only works over a short period. In the long term, oil producers will adjust gasoline production to match domestic market demand, thereby reducing oil processing and freeing up raw materials for export. As noted by Sergey Frolov, managing partner of NEFT Research, for refineries, an export ban translates to decreased revenue, including in foreign currency. On the other hand, one should not dramatize the consequences—gasoline export ...

... Some moderation in activity could reflect a degree of caution among businesses facing lingering headwinds such as international trade tensions or higher operating costs. Nevertheless, a reading in the mid-50s is historically consistent with healthy growth,... ....1 from 60.9, marking the highest level in roughly two years. This steep rise indicates that cost pressures — from wages to raw materials and supplier pricing — have intensified. Respondents to the ISM survey cited higher input costs and ongoing supply ...