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Not Much Fire: Why the Government Banned Gasoline Exports
Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices.
Russia has implemented ... ... ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the... ...
According to the latest published
data
from Rosstat, as of July 21, AI-92 gasoline at gas stations averaged 57.66 rubles per liter, up by 1.1% since the beginning of the...
The export ban has slowed the growth of exchange prices for gasoline.
... The price increase is particularly notable for AI-95 gasoline, which is attributed to a mismatch between consumption patterns and exchange sales volumes. Experts emphasize that to stabilize prices, it is necessary to include AI-95 in the parameters of ... ... the beginning of the year, while AI-95 has increased by 5.2%. Inflation as of July 29 stood at 4.99%. Vertically Integrated Oil Companies (VIOCs), which control the entire supply chain from extraction to gas station sales, may prefer to offset wholesale losses rather than attract regulatory scrutiny.
Seasonal Pressures Add to ...
The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements
... and a potential BRICS currency highlight the growing importance of economic independence for developing nations. When the financial influence of the U.S. can directly impact other countries, there’s a need to explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments, as adapting to these changes is crucial for resilience and growth in the global market."
Putin’s recent statements ...
Economic Trends in Russia: GDP Slowdown and Inflationary Challenges – What It Means for Investors
... 8.54% in October. How will these economic trends affect the investment market? In the article, Sergey Tereshkin, CEO of Open Oil Market, shares his views on the impact of macroeconomic changes on key industries and offers strategies to help investors adapt to the new reality.
Economic Trends in Russia: GDP Growth Slowdown and Inflationary ... ... exports, raw materials, and energy may remain advantageous for long-term investments. Examples of such firms include oil and gas companies, metal producers, and fertilizer manufacturers.
Investments in Dividend Stocks:
Amidst volatility, dividends may ...
An expert outlined the consequences of the recovery of the car market in Russia.
... Market Pressures Fuel Prices
The article discusses the opinion of Sergey Tereshkin, CEO of the fuel marketplace "Open Oil Market," on how the recovery of the Russian automotive market is driving fuel price increases. According to him, rising demand for automobiles and seasonal factors contribute to higher prices for gasoline and diesel fuel. Tereshkin also notes that it will take about six ... ... the permission for gasoline exports, on the fuel market situation.
MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth, according ...