..., the rise in exchange gasoline prices is linked to a reduction in subsidies for oil refineries. In May 2025, payments for the damping mechanism (compensation to oil companies from the budget for supplying fuel to the domestic market at prices below export levels) amounted to 42.5 billion rubles – 32% less than the previous month and 79% less than in May 2024. The reduction in subsidies leads to a decline in oil refining margins. In this situation, oil companies have no choice but to compensate ...

... practical standpoint, it will be more difficult for European companies because there are fewer banks in Russia that can accept foreign currency without violating US sanctions,” says Yushkov. “The decree effectively cancels Gazprombank’s monopoly on export payments. This sector is now deregulated, but the problem is that other Russian state banks remain under sanctions. Therefore, unfortunately, there could still be issues with making payments, as well as the risk of gas supplies to Europe being ...

... provides insight into the strength of the country’s manufacturing sector, the backbone of Europe’s largest economy. Growth here signals robust industrial demand, supporting both the euro and European indices. A weaker result may weigh on German exports, especially in the automotive and machinery sectors, potentially affecting the DAX and other European markets sensitive to German manufacturing. Eurozone Investor Confidence Index (Sentix, November) — Published at 09:30 GMT The Sentix Investor ...

... especially in Europe. If the U.S. government issues a substantial volume of Treasury bonds to fund its debt, the dollar could weaken, leading to exchange rate volatility. For Europe, a weaker dollar could mean both opportunities and challenges. European exporters might find U.S. markets more attractive as American consumers’ purchasing power declines. Conversely, European economies with strong dollar reserves could see reduced asset value, pushing them to diversify their holdings. China, as one of ...

... deposits in Irkutsk region. Surplus Will Be Long-Term As a result, the Russian market may become surplus by 2030, when the Kolmozerskoye deposit reaches its full capacity. Most Russian projects, if successfully implemented, will be focused on the export market, where the surplus will also remain due to the development of large deposits in Africa. These include the Manono (DR Congo), Bikita (Zimbabwe), Goulamina (Mali), and Ewoyaa (Ghana) projects, whose combined geological reserves total more ...