... The Russian stock market concluded the previous week with little significant movement, reflecting a mixed influence of internal and external factors. High oil prices and expectations of strong corporate results supported stock quotes in the oil and gas and raw materials sectors. At the same time, persistent geopolitical uncertainty and restrictions on certain industries restrained more active index growth. Investors in Russia are closely awaiting the start of the first half of 2025 earnings reports ...

... than for AI-92. As a result, the primary sales channel for AI-98 consists of direct shipments from refineries to oil depots and gas stations, bypassing the exchange. This leads to lower competition in the AI-98 distribution chain compared to AI-92, contributing ... ... could be mitigated by boosting production of petroleum products. However, this is challenging due to sanctions on equipment supplies for refineries. As a result, by the end of 2024, the difference in price growth rates between AI-98 and AI-92 is expected ...

... in retail fuel prices continues to slow down. According to Rosstat data, from August 20 to 26, gasoline prices rose by 0.2%, while diesel prices increased by 0.1%. This is lower than a month ago: from July 16 to 22, the cost of gasoline and diesel at gas stations increased by 0.6% and 0.3%, respectively. The Ministry of Energy commented to RIA Novosti that prices are influenced by a combination of factors, ranging from seasonal demand to market conditions, and sufficient fuel reserves have been built ...

... negative consequences of unilateral decisions, Putin cited the situation in energy. He stated that the EU's rejection of Russian gas has cost the EU economy approximately €200 billion in direct losses, not counting the indirect effects. Thus, attempts to ... ... president called "a significant step" in exploring new markets. Additionally, Russia will continue to increase food supplies (grain, meat) and other goods to the markets of developing countries, linking this to the task of supporting global food ...

... market as part of its budgetary regulations, positively impacting currency supply. Tax Period During this time, exporters traditionally sell currency to pay taxes, increasing demand for rubles. Rising Commodity Prices The increase in the prices of oil, gas, and gold — Russia's main export commodities — supports currency inflows and strengthens the ruble. High Interest Rates The attractiveness of ruble-denominated assets for investors remains high due to significant interest rates. Restrictions on ...