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An expert predicted the dynamics of gasoline prices in Russia until the end of 2024.
... seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible.
MOSCOW, November 9 - PRIME. Oil companies in Russia are expected to curb gasoline prices to secure permission for exports. Price growth rates will remain lower than this past summer through the end of the year, according to a forecast by Sergey Tereshkin, CEO of the "Open Oil Market" fuel marketplace (a Skolkovo resident), shared with RIA Novosti.
According ...
Where is Severstal Investing?
... is particularly relevant for pipeline construction.
Mining Assets
Karelia Pellet: One of the largest producers of iron ore pellets in Russia, used in steel manufacturing. The facility ensures stable raw material supplies for the domestic market and exports.
Olengorsk Mining and Processing Plant: Actively developing iron ore extraction and investing in the automation of production processes.
Vorkutaugol: The company's largest coal asset, supplying coke for metallurgical needs.
Innovation Centers
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Is the production of petroleum products decreasing in Russia?
... the state of the oil product production market in Russia. Sergey Tereshkin’s column for “RBK Companies.”
In Sergey Tereshkin’s article, the reduction in oil product production in Russia in 2024 is analyzed. The focus is on the decline in export supplies and domestic production, which is linked to unpredictable unscheduled repairs at oil refineries, as well as sanctions that complicate equipment deliveries. The author examines the consequences of these processes for the domestic market,...
Thursday, December 5, 2024: Analysis of Key Events and Reports
... MSK: China - Caixin Services and Composite PMI for November
The indicators will reflect the state of the services sector and the economy as a whole. Strong data will support demand for commodities, including oil and metals, positively impacting Russian exports.
08:00 MSK: India - Services and Composite PMI for November
India's PMI will show how actively one of the key sectors of the economy is developing. High readings will strengthen the rupee and support investor interest in the Indian market.
09:00 ...
OPEC+ vs Trump: Why Oil Prices Aren't Dropping and What Threats Against Russia Have to Do With It
... maintaining the same level as in August. In a statement, OPEC announced that the decision is based on "stable prospects for the global economy and current market fundamentals, as reflected in low oil inventories."
The Organization of the Petroleum Exporting Countries (OPEC), consisting of 12 member states, formed an alliance with ten other countries, including Russia, in 2016 to reduce oil production, known as OPEC+.
This recent increase marks the end of voluntary restrictions of 2.2 million bpd ...