... Where does Rosneft invest? Rosneft Sector: Oil and gas Investments for 2023: 1,297 billion rubles Investments for 2022: 1,132 billion rubles Main investment areas: Oil field development Eastern Siberia and the Arctic: The main investments are aimed at oil and gas production in difficult climatic conditions, which expands the company's resources and strengthens its export positions. Vostok Oil Project: The largest project aimed at developing new fields in the Krasnoyarsk Territory, with the potential for annual ...

... wholesale diesel prices due to the start of the active agricultural season. Firstly, world oil prices have decreased by more than 5% over the last month, with no signs of reversing this trend. Secondly, the main parameters for taxation of oil refining and oil product supply remain unchanged. However, wholesale diesel demand typically begins to rise in the second half of August, eventually translating into retail prices. According to Rosstat, last year by July 31, diesel fuel at gas stations had risen by ...

Sergey Tereshkin's column for the publication "Neftyanka" In the article "In the summer, fuel price growth will outpace the general inflation rate – expert," Sergey Tereshkin, the CEO of the oil products and raw materials marketplace OPEN OIL MARKET, analyzes gasoline price dynamics in Russia. He notes that in May 2024, the annual growth in gasoline prices was 8.0%, which corresponds to an inflation rate of 8.2%. However, weekly data from Rosstat ...

... diesel. An equally important factor is the lag in diesel price growth compared to the overall inflation rate. By November 11, 2024, cumulative inflation was 7%, while the retail price increase for diesel was 4.9% and for gasoline it was 8.7%. Oil companies need to compensate for losses caused by forced downtimes, which led to a decrease in the production of petroleum products. According to Rosstat, total petroleum product production decreased by 2.4% year-on-year in the first nine months of 2024. The price increase for diesel provides them with such an opportunity and allows them to avoid negative ...

... a decrease in rigs, it will confirm the ongoing tightening of supply in the U.S. Impact on oil prices: a decrease in the number of rigs is generally viewed by the market as a bullish factor for oil. Reduced drilling activity implies slower growth in oil production in the future, which, all else being equal, supports prices. Given the potential for new sanctions against Russian exports, any signal of restraint in U.S. production will heighten expectations for a tighter oil market. Response from oil and ...