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Economic News: Saturday, July 26, 2025 - CBRF Reduces Rate, Wall Street Hits New Highs
... in Venezuelan supply, while overall global oil inventories remain limited due to OPEC+ actions. Temporary disruptions in the export of Black Sea oil (including suspensions of shipments of Azeri BTC in the Turkish port of Ceyhan), which have restricted ... ... supported NatWest stock and generally reinforced trust in the stability of the UK banking sector.
Eni S.p.A.
– Italian oil and gas giant reported a profit decline but exceeded analysts' expectations. Eni’s adjusted net income in Q2 amounted to €1.13 ...
Growth of the Wealth of the Richest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics
...
Alisher Usmanov
– wealth increased by
+$3 billion
to $16 billion, driven by stable demand for steel and projects in the IT sector.
Viktor Vekselberg
– growth of
+$3 billion
, for a total of $10.3 billion; supported by rising aluminum prices and export supplies.
Suleiman Kerimov
– added
+$2.6 billion
, bringing wealth to $9.6 billion; a key factor was the revaluation of gold mining assets.
4. Resource Giants: Oil & Gas and Mining
Classic resource sectors continued to generate superprofits for their owners:
Vladimir Potanin
–
+$2.5 billion
, totaling $30.4 billion; a positive trend was aided by a nickel shortage in the global market.
Alexey Mordashov
–
+$2 ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... and raising exchange sale quotas, which would reduce prices on the exchange and make gasoline more accessible for independent gas stations. "However, these measures will only work if sanctions on equipment supplies to refineries are lifted. Otherwise,... ... 11 to 59,480 rubles per ton, while AI-95 dropped by 2.15% to 67,808 rubles per ton (the lowest since July, when a temporary export ban was still in place). In August, AI-95 prices peaked at 74,818 rubles per ton. The historical record for AI-95 was set ...
An expert outlined the consequences of the recovery of the car market in Russia.
... gasoline and diesel fuel. Tereshkin also notes that it will take about six months to fully restore pre-crisis sales levels of new cars. Additionally, the article examines the impact of government measures, such as extending the permission for gasoline exports, on the fuel market situation.
MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas 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 ...
U.S. Temporarily Allows Energy Transactions with Russian Banks: What This Means for Russia?
... includes lifting sanctions on Prominvestbank. This measure allows the continuation of transactions related to the supply of oil, gas, and other raw materials.
Message and Context
This move demonstrates flexibility in U.S. sanctions policy towards Russian ... ... approach, leaving room for the potential tightening of sanctions in the future.
Impact on the Russian Energy Sector
Stability of Export Transactions:
For Russia, this will allow major energy companies to continue exporting in a normal manner, reducing risks ...