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The Russian government will extend the permit for gasoline exports for one month.

... of AI-92 was 54,155 rubles and AI-95 was 66,894 rubles. This period also saw the highest wholesale price for summer diesel fuel this year, at 65,980 rubles. Since the beginning of the year, the price of diesel fuel has risen by 16%, reaching 59,822 rubles. As of the end of May, according to the Ministry of Energy, the country's commercial diesel reserves amounted to 3.4 million tons, and gasoline reserves stood at 2 million tons. Vedomosti sent additional questions to the ministry. Additionally, as Vedomosti reported, the government may soon decide on a complete ban on the export of diesel fuel purchased on the exchange ...

The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?

... was 13% in 2023 (5.9 million tons out of 43.9 million), while in diesel shipments, it was 41% (35.7 million tons out of 87.9 million). Russian refineries, dating back to the Soviet era, were geared toward producing diesel for supplying heavy and freight ... ... "damper mechanism." By the end of the first ten months of 2024, damper payments increased by 36% to 1.544 trillion rubles, and payments from the reverse excise tax and investment surcharge grew by 51% to 1.532 trillion rubles. In total, subsidies ...

Monday, November 18, 2024: Key Economic Events of the Day

... the dollar and euro, affecting the ruble. React to Western Company Reports: Strong earnings could benefit global markets, providing a favorable backdrop for Russian stocks. Monitor Oil Prices: Statements affecting global oil demand could impact the ruble and shares in Russian energy companies. Bezos’ Amazon Stock Sales Update Last week, Jeff Bezos sold Amazon shares worth $1.3 billion, completing his plan to sell 25 million shares, originally scheduled until the end of 2025. Since early November, he has sold a total of $2.7 billion in Amazon stock. These sales were part of a pre-announced plan allowing Bezos to divest 25 million shares by the end of 2025, with approximately ...

New Cryptocurrency Tax Rules in Russia from 2025: What Investors and Miners Need to Know

... transactions. Personal income tax for individuals: a single base with securities One of the key innovations was the unification of income from cryptocurrency and transactions with securities into a single tax base. Here's how it works: Income up to 2.4 million rubles per year Taxed at a rate of 13%. Example: if you earned 2 million rubles on cryptocurrency trading and another 300 thousand on shares, the total rate will remain at 13%. Income over 2.4 million rubles Taxed at a rate of 15%. Example: if your income ...

Startup and Venture Investment News — Friday, August 1, 2025: AI Boom, IPOs, and Global Deals

... seeking opportunities to fund priority technologies and is striving to cultivate its own successful "unicorns." Simultaneously, some regional startups are reaching new heights. For instance, the Krasnodar foodtech project Qummy raised 440 million rubles at a valuation of ~2.4 billion rubles, preparing for an IPO—this case demonstrates the seriousness of even regional initiatives. Additionally, a government fund, Qazaqstan Venture Group, was established in Kazakhstan with a volume of $1 billion ...