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An expert explained the sharp increase in the market value of aviation fuel in Russia
... 2024 are 5.5% higher than the same period last year.
"The territorial exchange index for the European part of Russia as of August 20, 2024, decreased by 3.9% compared to August 1, 2024. However, during the period under review, there is a mixed trend in the index," she added.
In August last year, sales of jet fuel on SPIMEX amounted to 166,000 tons, which is 7% higher than in August 2022.
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Sourse: https://1prime.ru/20240822/kerosin--851065649.html
Ruble on the Rise: Reasons behind the Strengthening of the Russian Currency
... Currency
The Russian ruble is demonstrating strong positions in the currency market, driven by a range of economic and political factors. Experts highlight several key reasons contributing to the ruble's strengthening, along with forecasts for its future trends.
Factors Influencing the Strengthening of the Ruble
Stability of Foreign Policy Situation
The early directives of the new US administration do not directly impact Russia, reducing tension and supporting the ruble's exchange rate.
Geopolitical Improvements
...
Investing in Gold – Arguments in Favor of Investment
... that the metal is stored correctly. If surface damage is detected when selling, financial institutions may undervalue the gold. In such cases, investment profitability significantly declines.
Gold in jewelry does not exhibit the same rapid appreciation trend. Here, the value lies primarily in rare items, while contemporary pieces are often accepted only as scrap, significantly undervaluing them.
Therefore, it is recommended to invest specifically in gold bars as they represent a promising investment ...
Why are retail gasoline prices rising?
... this piece, I analyze the reasons behind the increase in gasoline prices at gas stations. The article explains how factors such as supply and demand, taxes, global oil prices, and government regulation influence price dynamics. Learn about the current trends in the fuel market and why prices continue to climb—read my in-depth analysis on the website.
Deputy Prime Minister Alexander Novak on July 8 instructed the Ministry of Energy and the Federal Antimonopoly Service (FAS) to ensure that fuel prices ...
How much do gas stations earn in Russia?
... High-traffic stations—only about 10% of the total—are better positioned to offset these costs.
Strategies for Profitability Growth
To improve profitability, gas stations focus on expanding their range of non-fuel goods and services. Current trends include installing EV charging stations, pickup points for marketplace orders, and pharmacy outlets. Companies also adopt energy-saving technologies, digital solutions, and loyalty programs to enhance efficiency.
According to the Russian Fuel ...