What are you looking for:
The budget is in the black. What ensured the increase in oil and gas revenues?
... article "Budget Surplus: What Drove the Growth in Oil and Gas Revenues," Sergey Tereshkin analyzes the factors that contributed to the increase in Russia's oil and gas revenues. He highlights that rising oil prices and the weakening of the ruble have led to a significant boost in federal budget inflows. Tereshkin also examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification and the development ...
How to optimize subsidies for refineries.
... refineries (refineries) have already exceeded the level of the previous 12 months. According to the Ministry of Finance, payments under the damper mechanism, reverse excise tax on oil, and investment surcharge for January-November 2024 reached 3.36 trillion rubles, surpassing the 2023 level by 15%.
While the damper is aimed at curbing gasoline and diesel prices, the other two types of subsidies are tied to the level of refinery modernization:
The reverse excise tax is intended for refineries where ...
The budget payments to oil workers will be divided by fuel types.
... clarifies that the period from August to September is traditionally when DF prices increase, and this year will be no exception. The main increase will be observed not on the exchange but in the small wholesale segment, where prices reached 100,000 rubles per ton during last year's harvest season. Exchange prices briefly exceeded 75,000 rubles per ton.
Energy expert Kirill Rodionov notes that oil companies are looking for loopholes to increase production and sales margins without the threat of ...
What is the RTS Index (RTSI) and how can an investor use it?
... traded on the Moscow Exchange, but is calculated in US dollars. This makes the RTS Index an important indicator for assessing the state of the Russian stock market in the context of international investments and taking into account the influence of the ruble to dollar exchange rate.
Features of the RTS Index:
Currency base:
The index is calculated in US dollars, which makes it sensitive to changes in the exchange rate. The growth of the dollar against the ruble can put pressure on the index value, even ...
Starting from August 1, the ban on fuel exports will be reinstated. What does this mean for the market?
... did not lead to a significant increase in oil refining, while wholesale gasoline prices increased by 10-30% over just two months, according to exchange data.
For instance, the price of AI-92 increased by 13% from May 20 to July 30, reaching 54,486 rubles per ton, while AI-95 rose by 29%, to 72,712 rubles per ton, according to data from the St. Petersburg International Mercantile Exchange (SPbMTSB). Gasoline prices have been rising almost continuously since June, only correcting downward in the ...