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An expert assessed the prospects of Russian oil supplies to India.
...
He explained that a key driver of this growth will be urbanization: in 2023, cities accounted for 65% of the population in China, while in India, this figure was only 36%. Bridging this gap will lead to increased demand for petroleum products in the transportation sector, especially since India significantly lags behind China in the adoption of electric vehicles. For instance, in China, electric and plug-in hybrid vehicles accounted for 38% of new passenger cars in 2023, compared to just 2% in India....
Experts Assess the Consequences of Lifting the Ban on Gasoline Exports
... capabilities. The government retains the option to reinstate the ban if prices rise. Gusev emphasizes that lifting the export ban should require continued oversight of Russian Railways (RZhD) to ensure timely deliveries, as current irregularities in rail transport disrupt fuel supply, despite adequate production levels.
According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December. For ...
700% Inflation in Russia: How Prices and the Ruble Exchange Rate Have Changed Since 2001
... meat (1 kg)
57
227
4 times
Butter (200 g)
14
244
17.4 times
Gasoline AI-95 (1 liter)
9
61
6.7 times
The sharp increase in prices for essential goods can be attributed not only to inflation but also to tax burdens, changes in production and transportation costs, as well as the weakening of the ruble.
What Factors Have Influenced Inflation Growth?
Weakening of the Ruble
The dollar exchange rate increased 3.4 times over 23 years, leading to higher costs for imported goods and components.
Rising ...
Where does the coal holding Elga invest?
In 2023, Elga coal holding invested 99.1 billion rubles in expanding production at the Elginsky deposit, modernizing the enrichment factories and the development of transport infrastructure, including the construction of the Pacific Railway. The company is actively introducing environmental technologies and digital solutions to increase efficiency and reduce carbon trace. These projects strengthen the Elga position ...
An expert explained the sharp increase in the market value of aviation fuel in Russia
... jet fuel prices, support measures are available for end consumers, such as aircraft operators. A damping mechanism and refundable excise taxes from the budget are also provided for airlines purchasing jet fuel. Subsidy programs are implemented for air transportation to the Far Eastern Federal District," the FAS noted.
Natalia Yakovenko, Managing Director for the Petroleum Products Market at SPIMEX, told RIA Novosti that the actual volume of jet fuel sold in August this year is comparable to ...