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An expert named the average price of Brent crude oil in 2024.
Tereshkin: The average price of Brent oil in 2024 will be slightly below $80 per barrel (Prime news agency).
Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does this ...
Oil and coal run as lackeys.
Experts from Vgudok assessed the positive promises of Russian Railways (RZD) that fuel supplies will not be affected after the introduction of the new Priority Transportation Rules (PND). The article discusses changes in the rules of priority for transporting oil and coal in 2025. Starting from January 1, coal and oil will be moved in the sixth priority queue, which could impact the efficiency of their transportation. However, if the new regulations are strictly followed, the industry does not expect significant ...
An expert suggested a way to stabilize fuel prices in Russia.
Tereshkin: Reducing Russian Railways' tariffs for oil companies would stabilize fuel prices (RIA Novosti).
Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' ...
The export ban has slowed the growth of exchange prices for gasoline.
... making it unlikely they will significantly exceed inflation. According to Rosstat, AI-92 gasoline prices have risen 5% since 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 Market Strain
August and September are traditionally ...
Why is AI-95 gasoline increasing in price more than the others?
... in AI-95 exchange prices may be related to the rules for payments under the fuel damper program. The damper compensates part of the difference between the fuel's indicative price, set by the state, and its export price. It is paid from the budget to oil producers for wholesale supplies of fuel to the domestic market, with deviations from the indicative price (on average per month) of no more than 10% for gasoline and no more than 20% for diesel. For gasoline, only the price of AI-92 is considered in the calculations.
As ...