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Russians were informed about when diesel prices in Russia will stabilize.
... growth is driven by the switch to seasonal fuel and an increase in road freight transportation, Sergey Tereshkin, CEO of the Open Oil Market (a resident of Skolkovo), told RIA Novosti.
"The stabilization of diesel prices will occur closer to December ... ... week of October 21-28, reaching 67.45 rubles per liter. Russian Deputy Prime Minister Alexander Novak stated that sufficient reserves of winter diesel fuel have been formed in the country, and prices will adjust after the transitional phase.
Source: ...
Economic Events and Company Reports — Friday, August 1, 2025: Non-Farm Payrolls, PMI, and Reports from ExxonMobil, Chevron, Moderna
... events will be significant — a weak report could strengthen expectations of imminent dovish policy changes from the Federal Reserve, while an unexpectedly strong report might lead to a sell-off in bonds and a strengthening of the U.S. dollar.
In the ... ... insights into the health of Corporate America amidst an economic slowdown and rising costs driven by recent inflation.
Energy:
Oil and gas giants ExxonMobil and Chevron will present quarterly results reflecting the impact of oil price dynamics on profitability ...
The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects
... economy, regardless of the foreign policy situation.
The purchase of the exchange can also be part of a long-term strategy to reduce dependence on the dollar and stimulate transactions in other currencies. This is important for diversifying the currency reserve and strengthening the ruble's position on the international stage.
My view on this deal as the founder of the Open Oil Market project
As the founder of the Open Oil Market, I see several key advantages for Russian business in this decision of the Central Bank. With the emergence of a new currency platform, domestic companies and entrepreneurs have the opportunity ...
Under what conditions could the surviving line of the "Nord Stream" operate
... week, prices have risen due to potential cuts in LNG supplies from the U.S., where Hurricane Raphael forced evacuations from oil and gas platforms. Additionally, calm weather in Europe has reduced renewable energy output, increasing reliance on gas. Bloomberg ... ... checks,” suggests Yushkov.
Implications for Ukraine
The risks are even higher for Ukraine, which has insufficient gas reserves. Severe frost late in the heating season could lead to genuine shortages, forcing authorities to ration heat and electricity,...
What is a Basis Point?
... Points and Central Banks
Central banks often announce interest rate changes in basis points. For example, if the U.S. Federal Reserve raises its key interest rate by 50 basis points, this represents a 0.5% increase. Investors closely monitor interest rate ... ... rates to bonds and spreads, making them more confident in their financial decisions.
Sergey Tereshkin, Founder and CEO of the Oil Products and Raw Materials Marketplace
OPEN OIL MARKET