... Novak, who oversees the energy sector. According to Sergey Tereshkin, CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while the overall inflation rate was 8.3%. Tereshkin adds that in the last month and a half, retail fuel price growth has accelerated. From May 13 to May 20, Rosstat reported that ...

... stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth, according to Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident). According to Rosstat data, the average retail price of gasoline increased by 0.5% from June 24 to July 1, reaching 56.09 rubles per liter, while diesel fuel prices rose by 0.19% to 65.84 rubles per liter. Overall weekly inflation in the country from June 25 to July ...

... One reason for this accelerated growth could be the shortage of high-octane fuels. Supporting this theory is the fact that the total output of petroleum products in Russia fell by 2.4% year-over-year in the first nine months of 2024. As of the time Rosstat closed its weekly fuel production statistics, automotive gasoline production in Russia had decreased to 106,000 tons per day (Rosstat data for the week of May 13–19, 2024). For comparison, according to CDU TEK, daily automotive gasoline consumption ...

... processes for the domestic market, including the rise in gasoline and diesel prices, and highlights the challenges in forecasting the industry's recovery. Read the full article at the link: Is Oil Product Production in Russia Declining? In 2024, Rosstat stopped publishing weekly and monthly statistics on the production of automotive gasoline and diesel in Russia, forcing industry participants to rely on indirect indicators of fuel output. Analysts from OPEN OIL MARKET analyzed the main available ...

... consider how the current economic situation affects investment strategies and what prospects are opening up for bonds, ruble deposits and shares of Russian companies. Deceleration of Inflation in Russia: What It Means for Investors? Recent data from Rosstat and the Ministry of Economic Development of Russia indicate a slowdown in inflation in the country. The annual inflation rate from October 28 to November 5, 2024, decreased to 8.39% (according to Rosstat), while the Ministry of Economic Development ...