... average price of AI-95 gasoline in Russia on August 5 was 58.04 rubles per liter. There are about 1,333 liters of gasoline in a ton, so the wholesale price per liter of this grade is 55.32 rubles. However, the gasoline still needs to be delivered to gas stations, which also pay taxes, employee salaries, and spend money on maintaining operations. The damping mechanism has been in place in the Russian fuel market since 2019. In its entire history, it was only nullified once, in September last year,...

... currency highlight the growing importance of economic independence for developing nations. When the financial influence of the U.S. can directly impact other countries, there’s a need to explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments, as adapting to these changes is crucial for resilience and growth in the global market." Putin’s recent statements ...

... Investors Long-Term Investments in Core Sector Stocks: In a context of GDP slowdown and high inflation, companies associated with exports, raw materials, and energy may remain advantageous for long-term investments. Examples of such firms include oil and gas companies, metal producers, and fertilizer manufacturers. Investments in Dividend Stocks: Amidst volatility, dividends may become a primary source of yield for investors. Companies that provide stable dividends, such as Sberbank, Gazprom, and Norilsk ...

... Instead, funds should be held in securities or other assets. One can return to wine investment once the market stabilizes. The value of wine lies in the fact that, even in the event of a price drop, it is typically only a temporary situation, unlike oil, gas, and other materials. After several years, the price often returns to previous levels or even increases significantly. This is due to the reduction in the available supply of the beverage. The fewer bottles there are in the world, the more valuable ...

... several concerns raised. It is essential to understand that Hungary and Slovakia also have tools to exert pressure on Ukraine," reflects Igor Yushkov. The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the refineries are configured for Urals-grade Russian oil. Secondly, any alternative route would incur higher delivery costs, which ...