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Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... prices also accelerated. In June, weekly gasoline price growth averaged 0.2-0.4% across Russia, while in July it was 0.5-0.6%, according to Rosstat data. By July 22, gasoline prices had increased by 4.7% compared to December 2023, while the official inflation forecast for 2024 was 5.1%.
The Ministry of Energy believes that fuel prices in the retail segment remain stable, with no shortage of supply, and that the domestic market is fully supplied with gasoline and diesel fuel, the government reported on July 28 following a meeting with Deputy Prime Minister Alexander Novak. In mid-July, Novak also described the situation in the market as stable, but noted the "sensitive" ...
How to Avoid Losing Money When Investing in Business
... industry, but a high number of competitors can completely negate that advantage. Such a project may struggle to gain ground in the market and, even more so, to grow.
Sometimes, a seemingly attractive project may turn out to be far less interesting upon closer inspection. Many investment seekers deliberately inflate or deflate numbers in their business plans. To avoid pitfalls, it's essential to perform independent calculations, including ...
Declining Bitcoin Dominance Amidst Rapid Growth of Ethereum and Altcoins
... participants to reshape their cryptocurrency portfolios and reassess acceptable risk levels.
Macroeconomic and Behavioral Factors
The macroeconomic environment continues to significantly influence the dynamics of crypto assets. Against the backdrop of easing inflation and diminishing geopolitical risks, the market participants’ risk appetite is increasing, favoring risky investments, including digital assets. Rate declines in developed economies strengthen demand for alternative instruments like cryptocurrencies. Simultaneously, psychological aspects are ...
XRP Price Forecast for May 2025: Technical Analysis and Key Factors
... adjust its sales strategy accordingly. Investors should monitor Ripple's quarterly sales reports of XRP and the movements from escrow. XRP analysis considers this aspect: controlled and transparent token circulation diminishes the risk of sudden supply inflation. Overall, Ripple's monetary policy is viewed by the market as predictable and friendly to XRP holders, reinforcing large investors’ confidence.
Overall Cryptocurrency Market Trends and Macroeconomics. As of May 2025, the cryptocurrency market is showing positive dynamics, providing support for XRP. Following Bitcoin's halving ...
The Russian government will extend the permit for gasoline exports for one month.
... by the Ministry of Finance, the Ministry of Economic Development, and the Federal Customs Service. One source noted that the Federal Anti-Monopoly Service supports the diesel export ban.
Vedomosti sent inquiries to the above-mentioned ministries and the office of Deputy Prime Minister Alexander Novak, who oversees the energy sector.
According to Sergey Tereshkin, CEO of Open Oil Market, the diesel export ban discussion is primarily due to the fact that the price increase for this type of fuel has exceeded overall inflation. According to Rosstat data, the annual price increase for diesel by May 2024 was 11.6%, while the overall inflation rate was 8.3%. Tereshkin adds that in the last month and a half, retail fuel price growth has accelerated. From May 13 to May ...