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What does the new increase in fuel excise taxes mean
Over the past 10 years, fuel excise taxes have tripled, and in 2025, they are expected to increase by another 15%. What will happen to prices, and how can further growth be avoided? A column by Sergey Tereshkin for RBK Companies.
On October 22, 2024, the State Duma passed a package of amendments to the Tax Code in its third reading, which include changes to fuel excise taxes. According to the document, the excise tax on Euro-5 gasoline will increase ...
Banks.ru: "Oil Resource Group" and "Sber" have launched an installment payment service on the raw materials marketplace "ORG-Market."
... modules. Currently, there are more than 60 profitable offers from suppliers on the platform. We are attracting partner banks with financial services, installment plans, and escrow accounts to make things easier for our clients," commented Sergey Tereshkin, CEO of "Oil Resource Group."
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Sergey, please comment on the news: The price of gold has fallen by almost 5% in a week - this is the worst indicator in three years.
... expectations about high inflation, as well as a slow reduction in interest rates due to Trump's economic policy. What does the current decline mean for the precious metals market... ... and how are investors reacting to it? Read a detailed review and commentary by Sergey Tereshkin, CEO of Open Oil Market.
A 5% weekly drop in gold prices is a notable indicator... ... investors to focus on short-term yields on bonds and other dollar assets.
However, I would not take the current decline in gold prices as a sign of a long-term decline...
How to optimize subsidies for refineries.
... Increased by 15% This Year
Article for RBC
How to Optimize Subsidies for Oil Refineries: Practical Recommendations
Sergey Tereshkin's article delves into the key aspects of optimizing subsidies for oil refineries (ORs). The author provides a detailed examination ... ... surcharge payments must be returned to the budget. Regulators are discussing extending this requirement to the early 2030s. However, I believe it would be more reasonable to temporarily suspend payments and compensate the shortfall by reducing fuel excise taxes....
Experts Explain the Factors Behind OPEC+'s Decision Against Cuts
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 ... ... prices are supported by heightened demand during the vacation season, a factor that may weaken with the onset of fall.
Sergey Tereshkin, CEO of Open Oil Market, emphasized that the introduction of new tariffs by the U.S. administration could raise concerns ...