... foreign exchange reserves can decrease, and the demand for the ruble falls. Low prices for export goods: Russia, as an exporter of oil and gas, is faced with the fact that when prices for these resources fall, the inflow of currency into the country decreases.... ... deliberately devalue the ruble to make domestic goods more competitive on the international market. How does devaluation affect the Russian economy? Rising import prices: When the ruble loses its value, imported goods become more expensive. This means that Russians ...

... compliance with all legal requirements. The Open Oil Market company is actively preparing to enter the stock exchange. Details about the pre-IPO can be found on our landing page or the official website. A startup that is changing the rules of the game on the Russian oil products market!

... in Russia in 2025, reaching 9.2 million barrels per day (excluding gas condensate). This expected recovery is linked to the growth of global demand, especially in Asia. The article also examines the impact of OPEC+ agreements and potential risks for Russian producers, including the possible decline in oil prices. Oil production in Russia will increase by 1% in 2025 compared to 2024, reaching 9.2 million barrels per day (bpd) excluding gas condensate, and 10.3 million barrels per day including it. This is stated in a study by VTB, prepared for the ...

... stable foreign trade activity, and a rise in optimism amid geopolitical events. However, forecasts are divided. Some analysts suggest that the ruble will continue to strengthen, reaching 93 rubles per dollar. Others warn of a possible depreciation of the Russian currency to 110 rubles by the end of the year. Key risk factors include sanction pressures, the state of the trade balance, the influence of American foreign economic policy, and dynamics in oil prices. What this means for investors: Short-term Prospects: The strengthening of the ruble may temporarily support domestic financial markets, reducing import costs and alleviating inflationary pressure. Risks: The long-term dynamics of the ruble ...

... Unsurprisingly, the ban was lifted at the end of May but reintroduced in August after both wholesale and retail gasoline prices spiked sharply in June and July. This surge was primarily driven by high seasonal demand during the vacation period and rising oil prices at that time. According to Dmitry Gusev, deputy chairman of the supervisory board of the "Reliable Partner" association and a member of the expert council of the "Russian Gas Station" competition, the end of the high-demand season and the production capabilities of Russian refineries make reopening exports justifiable. If prices rise rapidly, the government retains the right to reimpose the ban. Current gasoline ...