Stay informed about the most significant events shaping global markets: central bank decisions from Japan and India, pivotal PMI data from Germany and the Eurozone, and key updates on the U.S. labor and housing markets. Plus, corporate ... ... sentiment. PetroChina (PTR): As a major player in the energy sector, its financial results will provide insights into global oil demand and pricing trends. Deere & Company (DE): Reporting on agricultural machinery sales, these results could indicate the ...

Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices. Russia has implemented a complete ban on gasoline exports for August ... ... exports from August 1 to 31, extending this ban to major producers, although previously it only applied to traders and smaller oil refineries (OR). "The decision was made to maintain a stable situation in the domestic fuel market during the period ...

... measures to stabilize the situation, including extending the export ban. However, according to Sergey Tereshkin, CEO of Open Oil Market, the problem can only be solved by significantly increasing the standards for selling gasoline through the exchange.... ... significantly lower than in diesel production. This explains Rosstat's decision to stop publishing data on gasoline production and the faster price growth of gasoline compared to diesel. Other contributing factors include the seasonal increase in fuel ...

The Central Bank of Russia expects GDP growth to slow to 2–3% in the fourth quarter of 2024, due to tighter monetary policy and high inflation. These measures could significantly affect the business climate, consumer activity, and investment strategies.... ... of Russian exports, which has reduced the inflow of foreign exchange earnings. For many Russian companies, especially in the oil and gas sector, this has become a significant challenge. The fall in export revenues reduces the resource base for investment,...

How the lives of Russians have changed in 23 years: 700% inflation, rising prices and the dollar exchange rate Over more than two decades, prices in Russia have increased several-fold - the cost of housing has ... ... years, leading to higher costs for imported goods and components. Rising Raw Material and Energy Prices Domestic prices for oil, gas, and electricity have increased, impacting the cost of goods and services. Changes in Tax Policy The introduction and ...