... will need to balance the necessity of containing consumer prices with incentives for oil companies to avoid fuel shortages during the harvest season and the beginning of... ... levels, and amidst sanctions, the coal industry is actively redirecting towards Asian markets. The government supports exporters by developing port infrastructure in the... ... industries must adapt to new realities. For energy sector investors, the green trend opens opportunities — from developing solar and wind power projects to modernizing...

... exchange prices, gasoline exports were allowed for another month in June — until July. Thus, the current fuel market regulation model relies on three parameters, according to Sergey Tereshkin, CEO of the oil products and raw materials marketplace Open Oil Market. These include the damping mechanism, which sets limits on exchange price growth for diesel fuel and AI-92 gasoline; actual price growth rates for gasoline and diesel, which must not exceed general inflation rates; and export bans, which take effect ...

... as well as potential ways to adapt the economy to the new conditions. The structure of oil and gas revenues in the Russian budget helps mitigate the risks of a decline in global oil prices, Sergey Tereshkin, CEO of the petroleum product marketplace Open Oil Market, said in a conversation with RIA Novosti. According to him, one of the serious risks to Russia's budget system in 2025 will be a drop in raw material prices. The OPEC+ alliance, at its most recent meeting last week, extended the validity of ...

... Simultaneously denying oil companies priority in the transportation of oil products could have led to additional costs. Thus, this measure was postponed until next year when the export ban will no longer be in effect, Sergey Tereshkin, founder and CEO of the OPEN OIL MARKET marketplace for oil products and raw materials, told Vgudok. "The fact that oil companies have incurred significant costs in recent months due to the forced downtime of several refineries also plays a role. This is indirectly evidenced ...

... Additionally, there was a sharp reduction in the Urals-to-Brent discount this year. While the average price gap in the first half of 2023 was $27.3 per barrel, it narrowed to $14.7 per barrel in the first half of 2024, according to calculations by Open Oil Market based on data from the Ministry of Finance and the U.S. Energy Information Administration (EIA). Consequently, the Ministry of Finance employs a fixed discount of $20 per barrel under the Tax Code, which remains smaller than the actual discount ...