... diesel fuel in Russia are increasing due to several factors. The primary reasons include a rise in global oil prices, seasonal demand fluctuations, maintenance at oil refineries, and restrictive measures on fuel exports. Inflation and changes in fuel market regulations are also playing a role. Experts predict that prices may stabilize as seasonal factors subside The Moscow Fuel Association (MTA) reported that last week, retail gasoline prices at gas stations in the capital rose by 17-18 kopecks, while diesel prices increased by 27 kopecks. The end of autumn is objectively a period of transition from summer and interseasonal to winter diesel fuel, which contributes to price increases. Currently,...

... Dmitry Gusev, Deputy Chairman of the Supervisory Board of the “Reliable Partner” association and member of the "Russia's Gas Stations" contest advisory board, reopening gasoline exports is justified due to the end of peak demand season and Russian ... ... in rail transport disrupt fuel supply, despite adequate production levels. According to Sergey Tereshkin, CEO of the OPEN OIL MARKET platform, regulators must lift the gasoline export ban as the current restrictions will have lasted five months by December....

... years, leading to higher costs for imported goods and components. Rising Raw Material and Energy Prices Domestic prices for oil, gas, and electricity have increased, impacting the cost of goods and services. Changes in Tax Policy The introduction and increase ... ... regulation of tariffs and taxes. Since 2001, inflation in Russia has exceeded 700%, affecting all key sectors of the economy. Despite market adaptation, the decline in purchasing power remains a significant issue for the population. The future of inflation will ...

... the long term. This opinion was shared on November 20 in an interview with Izvestia by Sergey Tereshkin, CEO of the OPEN OIL MARKET oil and raw materials marketplace. "In the long term, the key factor will be China's energy transition, which could ... ... battery technology development. "Another factor will be the gasification of freight transport, where liquefied natural gas (LNG) is gradually replacing diesel fuel, a petroleum product. In 2022, trucks running on LNG Translated ...

... developing countries. In an environment where U.S. economic influence can exert strong pressure on the financial decisions of other nations, the necessity to seek alternative financial tools emerges. For businesses, especially in sectors like oil and gas, diversification of currency risks can serve as a strategic advantage. At Open Oil Market, we are focusing on developing such tools to ensure our partners and clients have resilience against external economic factors.” Vladimir Putin’s statements underscore the existing risks and challenges facing the global currency system and ...