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The lifting of the ban on gasoline exports will not lead to an increase in gas station prices.
... decline in stock market prices, which have actually been rising since the beginning of November.
The increase in gasoline prices should not be linked to the news about the possible cancellation of the export ban, says Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace. The current fluctuations fit into the "10-20" formula, according to which oil companies lose their right to receive subsidies from the budget under the price damping mechanism (compensating oil companies for part of ...
Liter for Ours
... maintenance, yet the situation remains unchanged. Since 2023, the export ban has been used regularly; however, this measure does not solve the problem but only "alleviates the symptoms" for a short time.
According to Sergey Tereshkin, CEO of the OPEN OIL MARKET petroleum marketplace, export restrictions could indeed increase the supply of gasoline in the domestic market. In recent years, exports have accounted for 12-15 percent of supplies from Russian refineries. The problem is that this measure only ...
Market Capitalization of Pop Mart Surpasses the Market Value of Gazprom and Tatneft
In recent months, the financial world has witnessed a remarkable event: the market capitalization of the Chinese toy manufacturer Pop Mart, renowned for its collectible ... ... (ticker GAZP, ~$38 billion), and is significantly higher than the market value of the oil company Tatneft (ticker TATN, ~$18 billion).
The rapid rise in Pop Mart’s value... ... success, Pop Mart is actively expanding into international markets. The company has opened flagship stores in Japan, the USA, and Europe, as well as formed partnerships...
What caused the outpacing increase in the price of AI-98 gasoline
Since the beginning of the year, the price of AI-98 gasoline has risen by 17%, significantly outpacing other types of fuel. What is driving this trend, and what does the OPEN OIL MARKET forecast for the future? A column by Sergey Tereshkin for RBC Companies.
In the fuel market, there continues to be an accelerated increase in prices for AI-98 gasoline. While retail prices for AI-92 and AI-95 gasoline rose by 0.1% during the week ...
Tuesday, November 12, 2024: Key Economic Events for Investors
... indicators of consumer sentiment and spending patterns. Emerging market updates from Brazil and India on retail and industrial output will also be in focus, as they signal growth trends in these key regions. Stay informed on the potential market shifts with Open Oil Market!
Tuesday, November 12, 2024: Key Economic Events for Investors
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European Market Events
United Kingdom
Average Earnings (September) — Published at 07:00 GMT
This data indicates wage growth trends in the UK, influencing inflationary pressures ...