Found: 261

The government has extended the ban on gasoline exports until the end of the year.

... prices are not rising further can already be called a victory. Accordingly, when September and October come, we will see a fairly active reduction in wholesale prices, as consumption will drop. And most importantly, gas stations will not increase their losses from retail fuel sales," the expert believes. AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" the rise in exchange prices for this type ...

Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm

... 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 for losses through higher exchange prices. It is worth noting, however, that the damping mechanism depends on petroleum product quotations in Europe, as well as the exchange rate of the ruble. This does not involve cutting subsidies but changing macroeconomic ...

Why is AI-95 gasoline increasing in price more than the others?

... AI-95 in the calculation of damper payments could halt the rise in prices. However, the problem is that oil producers need to somehow compensate for the cost increases the industry has faced this year. According to Rosstat, the balance of profits and losses for Russian oil product producers in the first four months of 2024 decreased by 14.7% compared to the same period in 2023 (to 1,217 billion rubles), the expert noted. In the letter, RTS also proposes separating the mandatory sales volume requirements ...

Why Bitcoin May Not Reach $100,000: A Sober Perspective from the Founder of Open Oil Market

...," can impact the market, triggering sharp price fluctuations. This raises concerns that the excitement surrounding a potential increase in Bitcoin could turn into a "bubble," which may eventually burst. Sudden corrections could lead to losses for novice investors who were only anticipating growth, thus hindering sustainable upward movement. 3. Economic Uncertainties and Investor Preferences The global economy today is facing a high level of uncertainty: inflation, currency fluctuations,...

Oil Business: A Story Of The Founder Of OilResurs Company

... relations with other companies. You’ve achieved a lot in your profession. Did success and money change you? If so, what kind of person you became? I changed a lot when I attended a directors' training in Skolkovo. At that time, I didn’t get over the loss of business. That training influenced and changed me a lot. I began to value time, take care of it and not to spend it on trifles. If any question arises, it must be answered objectively. If there is any problem, it must be solved efficiently and ...