... not increase their losses from retail fuel sales," the expert believes. AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" the rise in exchange prices for this type of fuel, notes Sergey Tereshkin, CEO of the Open Oil Market platform. Damping payments compensate for part of the difference between the government-established indicative price for the domestic wholesale market and the cost of export supplies. According to Tereshkin, oil companies "try to offset ...

... Sergey Tereshkin for INFOTEK. In the article "Budget Surplus: What Drove the Growth in Oil and Gas Revenues," Sergey Tereshkin analyzes the factors that contributed to the increase in Russia's oil and gas revenues. He highlights that rising oil prices and the weakening of the ruble have led to a significant boost in federal budget inflows. Tereshkin also examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification ...

... the moment of shipment to delivery to the end customer. In the following, we will focus on each of the problems. Lack of understanding of the unit economics of the transaction by participants in the oil market and lack of the possibility to monitor prices in the market The oil market is not transparent, as it has a significant number of participants, and the initial prices of products provided from oil refineries are not always available for various reasons. This means that there is no possibility of automatic calculation ...

... AI-95 gasoline. Currently, the dampener is calculated only for AI-92 based on exchange trading indicators, but it also covers the supply volumes of AI-95 to the domestic market. There may also be attempts to reduce dampener payments in case of falling oil prices and declining budget revenues from the sector. The last attempt to reduce the dampener by half in 2023 led to an autumn fuel crisis. Kotov notes that the Ministry of Finance has repeatedly attempted to change the dampener mechanism to reduce ...

... in Russia is just getting started. Most public companies in Russia will present their reports in August (banks, oil and gas, retail, etc.). Therefore, today Russian investors are focusing more on the external backdrop – economic events abroad and oil price dynamics – than on internal reports. Nevertheless, emerging fragments of information (like Norilsk Nickel's report or production data from the Ministry of Energy) can locally impact specific stocks on the Moscow Exchange. Analysis of Macroeconomic ...