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The government has extended the ban on gasoline exports until the end of the year.
... According to Reuters, in the first half of 2024, Russian refineries reduced oil refining by 4% compared to the same period last year, to 131.8 million tons.
According to SPIMEX data, during the 2.5 months when the export ban was suspended, gasoline prices rose by 10-30%. This increase in wholesale prices also accelerated retail prices. According to Rosstat data, the price of gasoline at gas stations increased for two consecutive weeks, exceeding the national inflation rate: from the beginning of ...
Wednesday, November 20, 2024: Key Economic Events of the Day
... its substantial trade ties to China, could see changes in export volumes and supply chain dynamics. A lower LPR might lead to increased Chinese imports of American products, positively affecting industries like agriculture and technology.
UK Consumer Price Index (CPI) for October (10:00 GMT)
The release of the UK's inflation data will provide insights into consumer price trends and may influence the Bank of England's monetary policy decisions.
Impact on Europe:
Inflation trends in the UK can affect ...
Moldova found itself in a gas trap because of Ukraine.
... gas from any source—neither via Ukraine nor the TurkStream pipeline—they face a severe crisis. This could occur if sanctions against Gazprombank are strictly enforced or if new U.S. sanctions are imposed. A broader European gas deficit and rising prices would ensue, according to Igor Yushkov, an expert from the National Energy Security Fund and the Financial University under the Government of Russia.
Even if Moldova secures alternative gas suppliers, it will have to pay European spot market ...
Mushroom Coffee: Why More People Are Switching to Chaga Instead of Espresso?
... doctors do not recommend adaptogens for certain autoimmune diseases without consultation, as stimulating the immune system may be undesirable. Chaga contains oxalates, so those prone to kidney stones should not consume chagachino too frequently.
Taste and price: The slightly woody flavor of mushroom coffee may not appeal to everyone—taste is subjective. The cost of mushroom coffee is higher, as exotic additives incur extra expenses.
However, there are no significant drawbacks to mushroom coffee overall....
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
Comment for RBC: Starting from August 1, 2024, Russia will reintroduce the ban on gasoline exports, which will last at least until September. This decision was made amid rising wholesale fuel prices: from May 20 to July 30, the price of AI-92 increased by 13%, and AI-95 by 29%. The price hike is driven by high demand and scheduled maintenance at oil refineries.
Experts note that this model of regulation, which includes temporary export ...