Found: 112

U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?

... transactions with a number of Russian banks, including Sberbank, VTB and Rosbank. The decision, which is in effect until April 30, is ... ... stability of international energy supplies. The founder of Open Oil Market sees this move as an important temporary tool for strengthening ... ... the continuation of transactions related to the supply of oil, gas, and other raw materials. Message and Context This move demonstrates ... ... tightening of sanctions in the future. Impact on the Russian Energy Sector Stability of Export Transactions: For Russia, this will ...

Friday, December 6, 2024: Analysis of Key Events and Reports

... (Preliminary Data) These figures reveal consumer expectations of future price increases. Moderate inflation expectations are favorable, indicating manageable inflationary pressures. 21:00 MSK: USA — Baker Hughes Rig Count This report monitors activity in the oil and gas sector. An increase in rig count suggests higher oil production, potentially pressuring prices. A decrease could lead to rising oil prices, benefiting exporters like Russia. Speeches by Central Bank Representatives (Bowman, Goolsbee, Daly, Federal Reserve) ...

The Russian government will extend the permit for gasoline exports for one month.

... be made considering the current situation in the fuel market, including stock levels and price dynamics. It is noted that the exchange prices for AI-92 and AI-95 gasoline... ... ministries and the office of Deputy Prime Minister Alexander Novak, who oversees the energy sector. According to Sergey Tereshkin, CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact that the price... ... and diesel prices rose by only 0.1%, but from June 18 to June 24, gasoline prices at gas stations increased by 0.4%, and diesel by 0.2%. As of June 24, the average price...

Revenue from MET (Mining Extraction Tax) increased 2.5 times in the first half of 2024.

Column by Sergey Tereshkin for the publication Oil and Capital. Recently, an article was published on sergeytereshkin.ru discussing the ... ... businesses and investors. Discover how this shift in tax policy could affect the fuel sector and what opportunities it presents for entrepreneurs. Read the detailed analysis... ... Ministry of Finance. Over the same period, the share of AIT in the structure of oil and gas budget revenues grew from 12% to 18%. Unlike the Mineral Extraction Tax (MET)...

Slowdown in GDP growth in Russia: Central Bank of Russia forecast and possible consequences

... 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 export revenues reduces the resource base for investment, which also limits the potential for economic growth. Implications for business and investment 1. Difficulty accessing finance High interest ...