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Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)
... local producers.
Raising exchange quotas requires only a joint directive from the FAS and the Ministry of Energy. It doesn't necessitate refinery de-monopolization—unlikely to gain industry approval—nor increased subsidies, which the Ministry of Finance would oppose, nor sanction lifting, which remains a distant prospect. Yet this measure could address the core issue: the lack of incentives for companies to reduce retail prices.
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Sourse: https://www.forbes....
The Harshest Package: What the New EU Sanctions Mean for Russia
... skeptical about the new sanctions package. "Given that the USA has yet to join these sanctions, their effectiveness is in serious doubt," says Maxim Shevyrenkov, head of the raw materials market analysis center at the Institute of Energy and Finance (IEF).
The price cap on Russian oil united the G7 in their economic sanctions against Russia, reminds Stanislav Mitrakhovich, an expert from the Financial University and the National Energy Security Fund. Consequently, he notes that the EU's proposal ...
Why the ban on gasoline exports did not stop the rise in gas station prices
... equipment expenses, and other factors. Moreover, the weakening ruble has driven up equipment import costs.
Scheduled maintenance at Russian refineries (refineries) in September is expected to reduce fuel production. Analyst Vladimir Chernov of Freedom Finance Global notes that to counteract potential shortages, refineries increased average daily processing by 20% in August compared to July. Nonetheless, the anticipation of reduced production is already pushing up wholesale prices on the exchange.
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The Russian government will extend the permit for gasoline exports for one month.
... could be in place for six months, but the effective date might be delayed due to regulatory approval procedures. In mid-June, the Ministry of Energy's press service confirmed to Vedomosti that the draft regulation must be approved 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 ...
VC.RU: "Why the Oil Market Has No Future Without Digitalization"
... minutes. No interest is charged for the first 30 days, after which the rate is 1.5% per month (18% annually). The loan interest rate ranges from 19-22% annually. In ten months, 76 transactions worth a total of 58,306,794 rubles were completed using this financing option.
We currently partner with Sberbank and plan to integrate Alfa-Bank by the end of the year. At the beginning of next year, we will start working with Tinkoff Bank. Our goal is to form a pool of 20 banking partners offering financial ...