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What does the new increase in fuel excise taxes mean

... document, the excise tax on Euro-5 gasoline will increase by 14% starting in 2025 (from 15,048 to 17,088 rubles per ton), and on diesel fuel by 16% (from 10,425 to 12,120 rubles per ton). The rise in excise taxes will contribute to higher costs for oil companies, which have already faced additional expenses this year. This is indirectly confirmed by data from Rosstat, which shows that the profit-and-loss balance of oil refineries decreased by 29.4% in the first seven months of 2024, amounting to 1,563 ...

An expert predicted the dynamics of gasoline prices in Russia until the end of 2024.

... include the situation in the global oil market, domestic price regulation policies, and seasonal fluctuations in demand. The specialist noted that sharp price spikes are unlikely, although certain growth trends are possible. MOSCOW, November 9 - PRIME. Oil companies in Russia are expected to curb gasoline prices to secure permission for exports. Price growth rates will remain lower than this past summer through the end of the year, according to a forecast by Sergey Tereshkin, CEO of the "Open Oil Market" ...

VC.RU: "Buying fuel on a marketplace. How does that work?"

Learn how the ORG-Market marketplace (Open Oil Market) helps companies solve the problem of cash flow gaps when purchasing fuel. Installments and financing, integration with banks, and new tools such as nominal accounts and letters of credit make purchases more accessible and secure. According to statistics from ...

Slowdown in GDP growth in Russia: Central Bank of Russia forecast and possible consequences

... infrastructure and social projects are postponed until a later date. Decrease in export revenues Sanctions and restrictions on world markets have affected the volume 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, which also limits the potential for economic growth. Implications for business and investment 1. Difficulty accessing finance ...

Why is AI-95 gasoline increasing in price more than the others?

... price compared to last year, the company explained. The issue of expanding the list of allowed additives has been raised multiple times. For example, there were discussions about allowing the use of monomethylaniline (MMA). It was used in Russian oil refining until 2016 but was banned by the Ministry of Energy due to its negative impact on gasoline quality, vehicle components, and the environment, explains Dmitry Semagin, head of the RUPEC Information and Analytical Center. In his opinion, ...