Discussing the growing competition for Russian oil in Europe. What implications might this have for the market and prices? The EU has politically positioned itself against Russian energy resources, yet Hungary and Serbia continue to develop long-term plans for their procurement. Specifically, Belgrade and Budapest have discussed constructing a pipeline with Russia ...

... 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 the range of 93 to 100 rubles. In this answer, we reviewed key expert forecasts, including estimates from the Russian Ministry of Economic Development and SberCIB Investment Research, and explained the main factors influencing the exchange rate: oil prices, inflation, interest rates, and the geopolitical situation. A detailed analysis and commentary from Open Oil Market CEO Sergey Tereshkin will help you better understand what changes may occur with the ruble exchange rate and how this may affect ...

... remaining operational line of Nord Stream 2. Gas Prices Surge Early Gas prices in Europe started to rise before the heating season. In September, the average price on Europe’s largest gas hub, TTF, was $422 per thousand cubic meters. By October, prices had increased by 10% to $463, according to Open Oil Market data. For comparison, during the first half of the year, prices averaged around $310. Futures for gas delivery in the coming months continue to climb. “The rise in prices was unexpected because many in Europe anticipated a decline to around ...

India's Demand for Russian Oil Surges Due to Increased Discounts Indian oil refineries have begun to ramp up purchases of Russian oil in light of expanded discounts being offered. The increase in price differentials makes Russian oil more attractive compared to alternative grades, contributing to its growing share in India's imports. Indian Refineries Increasing Demand for Russian Oil Amidst Rising Discounts Context and Market Implications Demand for Russian oil from Indian ...