... recent months have clearly demonstrated that the oil ceiling is only adhered to when Brent prices fall. "The average price of Urals fell below $60 per barrel only after the market began to 'factor in' the risks of a global economic slowdown due to trade wars. Thus, for the price of Urals to drop below $50 per barrel, the price of Brent needs to be below $60 per barrel, and there are no real prerequisites for this: in the coming months, Brent is expected to hover around $65 per barrel," the ...

... BRICS framework. The Dollar's Role in the Global Economy Since the end of World War II, the U.S. dollar has played a central role in the international economy. It has become the world's reserve currency, underpinning a significant portion of global trade and investments. Countries prefer the dollar for international transactions, while central banks hold significant portions of their reserves in dollars. The dollar's sustainable dominance is attributed to its high liquidity, stability, and the economic ...

... for Russian oil (following global trends) and regardless of the strengthening ruble. Exchange trading operates according to market laws, and the increase in quotations under current conditions can be most simply explained by a lack of supply in the trades. But the supply level has hardly decreased compared to May. It is possible that as demand rises, supply volumes should have increased as well. It was no coincidence that on June 17, the Federal Antimonopoly Service (FAS) reported that it had sent ...

... proposes separating the mandatory sales volume requirements on the exchange for different grades of gasoline (currently, there are requirements for gasoline as a whole). However, according to Gusev, this could lead to a situation wh ere AI-95 will be traded on the exchange in volumes strictly according to the norm, while AI-92 will be traded in much larger volumes. The imbalance will persist. Additionally, one of the reasons production of AI-95 does not keep up with growing demand and why exchange ...

A comment for "Vedomosti". The Russian government plans to extend the export permit for gasoline until the end of July 2024. Previously, a six-month export ban on gasoline was introduced starting March 1, 2024, which was temporarily lifted in mid-May. The decision to extend the export will be made considering the current situation in the fuel market, including stock levels and price dynamics. It is noted that the exchange prices for AI-92 and AI-95 gasoline have increased by 29% and 46%...