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Russians were informed about when diesel prices in Russia will stabilize.
Expert Tereshkin: Diesel Fuel Prices in Russia Will Stabilize by December (Prime Economic News Agency)
In the article "Russians Informed When Diesel Prices Will Stabilize in Russia," Sergey Tereshkin, General Director of the "Open Oil Market" petroleum products marketplace, predicts that diesel fuel prices will stabilize by December 2024. He attributes the current price increase to seasonal factors, such as the transition to winter diesel fuel and a rise in automotive freight transportation. According to Rosstat, freight turnover in the automotive ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... under the damper (a budget subsidy mechanism for refineries to stabilize fuel prices), which makes its exchange prices significantly higher. As a result, by September 10, they were almost 15% higher than AI-92. "In the fall and early winter, the price difference may reach 30%: oil companies need to compensate for the increased costs associated with forced refinery repairs while maintaining the right to subsidies under the damper. Therefore, exchange prices for AI-95 will remain at risk," says the expert.
According to ...
Weekly Economic Events Calendar for Traders in the U.S. and Russia (November 11 – November 15, 2024)
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In Russia, an uptick in GDP growth could bolster Russian indices and the ruble, while high inflation may raise investor concerns and prompt the Central Bank to consider tightening policies. U.S. crude oil inventory data from the EIA will influence oil prices, affecting energy stocks and currencies like the ruble.
Thursday, November 14
Australia — Unemployment Rate (October)
China — Industrial Production and Retail Sales (October)
Eurozone — Q3 GDP Second Estimate
U.S. — Initial Jobless Claims
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Weekly Economic Events Calendar for U.S. and Russian Traders (November 18 – 22, 2024)
... matters: Discussions at the G20 Summit often drive international economic strategies, with topics on Ukraine, European stability, and the U.S. post-election landscape.
Recommendations: Watch for statements on sanctions, energy exports, and global trade. Oil prices and the ruble could react to any hints of sanction relief.
Inflation Data from EU, Canada, and UK
Why it matters: High inflation in major economies can impact euro, pound, and CAD rates.
Recommendations: Look for opportunities in euro and pound ...
VC.RU: "Why the Oil Market Has No Future Without Digitalization"
... stations at regular prices. It is more convenient for them to order large batches at wholesale prices with delivery. Some clients, such as coal mines or airports, require specialized types of fuel and petroleum products that can only be purchased from oil traders. These businesses typically have to call multiple suppliers, compare prices, check availability, negotiate discounts, and arrange delivery. Each step in this process involves intermediaries, each taking a cut.
Our marketplace streamlines the entire process, minimizing intermediaries and saving our clients time, money,...