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An expert outlined the conditions for curbing oil demand in China
... in China may be even faster, given that the country is a global leader in battery technology development.
"Another factor will be the gasification of freight transport, where liquefied natural gas (LNG) is gradually replacing diesel fuel, a petroleum product. In 2022, trucks running on LNG
Translated using ChatGPT.
Source: https://iz.ru/1794169/2024-11-20/ekspert-nazval-usloviia-sderzhivaniia-sprosa-na-neft-v-knr
What does the new increase in fuel excise taxes mean
... includes, in particular, lowering railway tariffs.
According to analysts from OPEN OIL MARKET, eliminating the current asymmetry in railway tariffs could become a key measure to curb fuel prices. By equalizing rates for the transportation of coal and petroleum products, it would be possible to offset the impact of rising excise taxes.
However, tariff adjustments should be implemented alongside other measures to contain price growth. These measures include maintaining the current corporate income tax base ...
Economic Calendar for Investors and Traders (December 9-13, 2024)
... policy tightening.
Canada: Central Bank Rate Decision (17:45 MSK)
Discussion of Canada's economic prospects and inflation. Rate changes may affect the Canadian dollar exchange rate.
EIA US Oil Inventory Data (18:30 MSK)
The official report on oil and petroleum product inventories often causes high volatility in the oil market.
Russia: Consumer Price Index (November) (19:00 MSK)
Inflation data will provide insight into the Bank of Russia's monetary policy prospects and ruble dynamics.
Brazil: Central Bank Rate ...
Where Does Transneft Invest?
... capacities for transporting oil to strategic destinations and ensuring uninterrupted operations in the face of rising demand.
Export Projects and Port Infrastructure:
The company continues to invest in terminal development to increase the volume of oil and petroleum product supplies through Russia's key export ports, such as Primorsk and Novorossiysk. This enables the diversification of export routes and expands access to international markets, supporting Russia's reputation as a reliable supplier of hydrocarbons....
Russians were informed about when diesel prices in Russia will stabilize.
... Tereshkin: Diesel Fuel Prices in Russia Will Stabilize by December (Prime Economic News Agency)
In the article "Russians Informed When Diesel Prices Will Stabilize in Russia," Sergey Tereshkin, General Director of the "Open Oil Market" petroleum products marketplace, predicts that diesel fuel prices will stabilize by December 2024. He attributes the current price increase to seasonal factors, such as the transition to winter diesel fuel and a rise in automotive freight transportation. According ...