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In the summer, the increase in fuel prices will outpace the overall inflation rate – expert

Sergey Tereshkin's column for the publication "Neftyanka" In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth in gasoline prices was 8.0%, which corresponds to an inflation rate of 8.2%. However, weekly data from Rosstat ...

An expert explained the increase in gas production in Russia by the rise in supplies to the EU.

Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia). The expert explained that this is related to the rise in supplies to the EU. Find out how production volumes have changed, what affects the energy resources market, and how this might impact the economy. For more details,...

Riot Platforms sells BTC for the first time in 15 months: what lies behind the miners' strategy shift

... closely monitor the market to return to building reserves under favorable conditions. In other words, this step is considered a strategic pause in HODL policy rather than a complete abandonment of it. Marathon Digital Sticks to HODL Despite Declining Production In contrast to Riot, its main public competitor – Marathon Digital Holdings (MARA) – continues to refrain from selling any satoshis from mined bitcoins. As of the end of April, Marathon produced 705 BTC, which is a 15% decrease from March ...

Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled

... market is relatively calm due to record filling of underground gas storage ahead of winter. Simultaneously, regulators and market participants are taking steps to maintain balance: from August 1, the OPEC+ alliance is commencing a planned increase in oil production to avoid supply shortages, while the U.S. Federal Reserve's decision to keep interest rates unchanged signals stability in macroeconomic conditions and supports investor optimism. In Russia, an export ban on gasoline remains in effect, aimed ...

The budget is in the black. What ensured the increase in oil and gas revenues?

... substantial growth in oil and gas revenues for the budget. By the end of the first seven months, these revenues increased by 62%, totaling 2.58 trillion rubles in absolute terms. Oil at the Core The primary driver was the growth in revenues from oil production taxes. Collections from the Mineral Extraction Tax (MET) on oil exceeded the combined revenues from MET on oil and export duties by 73%, amounting to an additional 2.54 trillion rubles. This year marked the completion of the tax maneuver,...