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An expert named the average price of Brent crude oil in 2024.
Tereshkin: The average price of Brent oil in 2024 will be slightly below $80 per barrel (Prime news agency).
Analysts forecast the average price of Brent oil in 2024 to be around $85 per barrel. What factors will influence the market? How will supply and demand change? And what does this mean for Russia's economy and the global energy sector? Find out more in our article.
MOSCOW, October 12 - PRIME. The average price of Brent crude oil in 2024 will be just under $80 per barrel....
Why People Take Mortgages Despite High Rates?
Contrary to expectations, the Russian mortgage market is growing despite high interest rates. Why do Russians continue to take out mortgages even in the face of inflation and the risk of ruble devaluation? In this article, we examine the key reasons — from the desire to protect savings to government ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel.
Exchange prices for gasoline have been hitting record highs daily since the beginning of the week. The price for AI-95 reached 66,034 rubles per ton, the highest peak since September ...
An expert explained the sharp increase in the market value of aviation fuel in Russia
... 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 ...
Russia has found a way to maintain gas supplies to Europe bypassing sanctions.
... 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 ...