... partial stabilization was observed between summer and fall; during the 10 weeks from May 21 to July 29, 2024, gasoline prices rose by a total of 3.8%, while in the following 14 weeks, the increase was only 2.6%. If the regulator delays lifting the ban, oil companies lose incentives to keep prices down. There’s little reason to forgo revenue if exports remain prohibited. Therefore, the Ministry of Energy and the Federal Antimonopoly Service will likely accommodate oil companies, believes Tereshkin. The ...

... making it unlikely they will significantly exceed inflation. According to Rosstat, AI-92 gasoline prices have risen 5% since the beginning of the year, while AI-95 has increased by 5.2%. Inflation as of July 29 stood at 4.99%. Vertically Integrated Oil Companies (VIOCs), which control the entire supply chain from extraction to gas station sales, may prefer to offset wholesale losses rather than attract regulatory scrutiny. Seasonal Pressures Add to Market Strain August and September are traditionally ...

The longer the ban on gasoline exports lasted, the fewer incentives oil companies had to curb prices, which is why the government decided to ease restrictions. However, the market is in urgent need of new solutions that go beyond subsidies and export restrictions, believes Sergey Tereshkin, CEO of Open Oil Market (Forbes)....

... sectors. Additionally, the reports from such diverse firms as Roblox , Coinbase , and various pharmaceuticals and industrial companies will paint a broad picture of economic health: from consumer spending on entertainment to capital investments in industries.... ... to stay vigilant: monitoring volatility in currency pairs (the ruble and tenge may indirectly respond to global trends), and oil and metal prices dynamics (under the influence of data from China and OPEC+ decisions, if any). By balancing macroeconomic ...

... new sanctions threats or a flight to safety could negatively impact it. Russian Stock Market: Outlook The Moscow Exchange Index is holding near local highs, demonstrating resilience due to high commodity prices and strong earnings reports from several companies. External signals (oil price dynamics, global market sentiments) and internal factors (financial results from Russian issuers for the first half of the year) will determine market movement on Tuesday. With a stable external backdrop, there are chances for continued gradual ...