... Payments (Prime News Agency) In August 2024, the price of jet fuel on the Saint Petersburg International Mercantile Exchange reached a record 84,879 rubles per ton. Sergey Teryoshkin, General Director of the petroleum products marketplace "Open Oil Market," explained this surge by citing the lack of incentives for oil companies to restrain jet fuel prices due to the specifics of the damping mechanism. Unlike automotive fuel, where the government compensates producers for the difference between ...

... to transfer their currency to Gazprombank for gas payments, which then exchanged it for rubles on the Moscow Exchange and sent the rubles to Gazprom. After sanctions against the Moscow Exchange, the currency exchange had to be moved to the interbank market, but the system continued to work. In 2022, European companies didn’t experience much change. Previously, they sent their currency to European subsidiaries of Gazprom, but in 2022, they started sending it to Gazprombank in Russia. European ...

... investment tool? And why is now the ideal time to invest in it? To explore this avenue, Sergey Tereshkin, the founder of Oil Resource Group, has taken the initiative. The businessman personally invests and monitors the most relevant directions in the market. This hands-on approach has equipped him with substantial experience. More information about his investment and professional activities can be found on his website: www.sergeytereshkin.ru . Statistical Data Over the past six months, the value ...

... "prompt responses" to emerging situations and help "mitigate economic impacts" for railway companies. But what lies behind this bureaucratic phrasing, and how will the industry react? Vgudok spoke with players in the rail freight market to find out. The decision to extend the current NDA Rules until the end of 2024 may have been influenced by the ban on gasoline exports introduced in August 2024, later extended through September and October. The ban is expected to reduce the ...

... continue to target inflation, aiming to bring it back to a medium-term objective of 4% by 2026. Macroeconomic stability and transitioning the economy to a balanced growth trajectory have been identified as priority tasks for the current year. Labor Market: Record Low Unemployment The situation in the labor market was characterized by the president as favorable. The unemployment rate in Russia has dropped to a historic low of about 2.3%. In comparison, just a year ago, unemployment stood at around ...