Discussing the factors influencing OPEC+'s decision to refrain from cutting oil production and its impact on the global market. MOSCOW, August 5 - PRIME. The decision of eight OPEC+ countries to abandon the current oil production cuts of 1.65 million barrels per day will depend on the level of oil prices and the trade wars initiated by the United States, experts surveyed by RIA Novosti stated. On Sunday, Russia, Saudi Arabia, the UAE, Iraq, Kazakhstan, Kuwait, Oman, and Algeria decided to continue...

Tereshkin: Reducing Russian Railways' tariffs for oil companies would stabilize fuel prices (RIA Novosti). Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products. Tereshkin also suggested a partial reduction of excise taxes, which would save about 250 billion rubles per year. These steps could help alleviate pressure on...

Sergey Tereshkin's column for the VGUDOK publication. The article discusses the impact of the OPEC+ deal on the transportation of oil and petroleum products via Russian Railways (RZD) networks. In the first half of 2024, cargo volumes decreased by 1.1% to 104.4 million tons, which is attributed to the reduction in oil production in Russia under the agreement. Despite this, oil and petroleum products remain high-margin cargo for RZD, providing a significant portion of the company's revenue. The...

While Bitcoin has experienced remarkable price surges in recent years, nothing compares to a well-balanced portfolio that capitalizes on the diverse nature of the cryptocurrency market. While allocating capital across a wide range of financial markets such as bonds, stocks, commodities, and cryptocurrencies is a good starting point, this strategy becomes even more effective when each asset class is further diversified. For instance, an equity portfolio should encompass several segments of the stock...

MegaFon, one of the leading telecom operators in Russia, significantly increased its investment in 2023, allocating RUB 90.3 billion to develop key areas, significantly exceeding the previous year's figure of RUB 59.2 billion. The company's core assets include an extensive network infrastructure with more than 200,000 base stations, subsidiaries and brands such as Yota and NetByNet, as well as modern office buildings and data centers. Investments are aimed at developing network infrastructure, digitalization...