... barrels, which is 230,000 barrels above its OPEC+ target. This rise could present additional market opportunities for Russian exporters, particularly in Europe, despite OPEC+ guidelines. Meanwhile, OPEC+ collectively reduced oil production by 320,000 barrels ... ... is the IEA’s projection of an oil surplus of around 1 million barrels per day in 2025, even if OPEC+ maintains its current restrictions. This forecast may shape future investment decisions, as an oversupply scenario could place downward pressure on ...

... structure create an imbalance in the economy, when some industries do not receive sufficient support for development. This can restrain economic growth, since investments in infrastructure and social projects are postponed until a later date. Decrease in export revenues Sanctions and restrictions on world markets have affected the volume of Russian exports, which has reduced the inflow of foreign exchange earnings. For many Russian companies, especially in the oil and gas sector, this has become a significant challenge. The fall in ...

... in effect until the end of 2026. According to sources from foreign media, the OPEC+ eight plans to discuss the fate of these restrictions at a meeting on September 7. According to Kirill Bakhtin, senior analyst at BCS Investments, OPEC+ will likely take ... ... probability of increasing official quotas by another 1.65 million barrels per day will depend on oil prices and risks surrounding exports from Russia: the higher the prices are above $70 per barrel, the greater the likelihood of increasing oil production," ...

... Tereshkin for RBC. In the fall of 2024, prices for gasoline and diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside The Moscow Fuel Association (MTA) reported that last week, retail gasoline prices at gas stations ...

... the key interest rate limits access to credit for both consumers and businesses, leading to a decrease in consumer demand and inflation rates. This allows the Central Bank to control price growth and protect the ruble from external factors. Growth of Exports and Import Restrictions. The reduction in import volumes due to high interest rates decreases pressure on the domestic market. Russian exporters have, on the contrary, increased currency sales by 21% in October compared to September, which supports ruble stability ...