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Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
... which has yet to fully reflect in retail prices.
From the perspective of Sergey Tereshkin, the CEO of the oil products marketplace Open Oil Market, the rise in exchange gasoline prices is linked to a reduction in subsidies for oil refineries. In May 2025, payments for the damping mechanism (compensation to oil companies from the budget for supplying fuel to the domestic market at prices below export levels) amounted to 42.5 billion rubles – 32% less than the previous month and 79% less than in ...
Russia has found a way to maintain gas supplies to Europe bypassing sanctions.
... economically, the US is well aware that payments for pipeline gas are routed through Gazprombank, and at present, there is no alternative method for payment. Meanwhile, the US is deliberately cutting off Russian gas supplies not from March 1 or April 1, 2025, when the heating season ends, but from December 20, during the peak of the heating season,” said Igor Yushkov, an expert from the National Energy Security Fund and Financial University under the Government of Russia.
Another note: December ...
Gasoline Stock Market Prices Hit Records: Reasons and Prospects for Gas Station Prices
... cannot contain price increases. One of the reasons cited for rising gasoline prices is the reduction of damping payments this year.
According to Sergey Tereshkin, CEO of the OPEN OIL MARKET fuel marketplace, the damping payments decreased by 58% in July 2025 compared to the same period in 2024 (down to 59.9 billion rubles). Oil companies are left with no choice but to raise prices in segments where fuel price increases are not associated with the risk of "unpaid" subsidies. This includes exchange ...
Where to Invest One Million Rubles: Long-Term Investments
... or freely reinvest profits without income tax.
Non-State Pension Provision (NPO).
A new type of pension product that allows for contributions and receiving a 13% tax deduction (limits vary; for example, the total limit for privileged contributions in 2025 is 400,000 rubles for IIS, NPO, and other programs). NPO is similar to contributions to pension funds: funds are invested until retirement. Returns on NPO are approximately in line with NPF returns (around 7–8% per annum before tax deductions)....
Who will get access to the Ukrainian pipeline instead of Gazprom?
... formal contract by booking gas transit capacities via auctions, as is common practice in Europe, for periods of one, three, or even six months.
However, Mykhailo Podolyak, an advisor to Zelensky’s office, recently stated that starting January 1, 2025, Ukraine is prepared to transit gas only if it originates from other countries via Russian territory. According to him, this could involve gas from Central Asian nations such as Kazakhstan or Azerbaijan.
“If any European country deems it necessary ...