... through a difficult period. Domestic investors are reluctant to trust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation in the internal market is exacerbating. Companies are facing a severe shortage of financing. The Russian economy is currently experiencing a challenging period. Domestic investors are reluctant to entrust their funds to companies, while banking institutions are significantly reducing lending. As a result, the situation ...

... weakening ruble has driven up equipment import costs. Scheduled maintenance at Russian refineries (refineries) in September is expected to reduce fuel production. Analyst Vladimir Chernov of Freedom Finance Global notes that to counteract potential shortages, refineries increased average daily processing by 20% in August compared to July. Nonetheless, the anticipation of reduced production is already pushing up wholesale prices on the exchange. Gusev argues it is too early to conclude that the ...

... for limited supplies. For Europe, this intensified competition underscores the risk of over-reliance on flexible LNG supplies from external providers. Implications for Europe’s Energy Security and Economy Rising Energy Prices and Potential Winter Shortages The redirected U.S. LNG shipments have already led to price increases for Europe, where energy costs are historically sensitive to global shifts. Higher LNG prices not only place pressure on consumers and businesses but also amplify inflationary ...

... according to Rosstat data. By July 22, gasoline prices had increased by 4.7% compared to December 2023, while the official inflation forecast for 2024 was 5.1%. The Ministry of Energy believes that fuel prices in the retail segment remain stable, with no shortage of supply, and that the domestic market is fully supplied with gasoline and diesel fuel, the government reported on July 28 following a meeting with Deputy Prime Minister Alexander Novak. In mid-July, Novak also described the situation in the ...

... Antimonopoly Service and St. Petersburg Exchange, are developing measures to reduce speculative price fluctuations. Changes to trading mechanisms and minimum fuel sales standards are being discussed to prevent market participants from creating artificial shortages. Coordination of refinery repairs —the relevant authority is “manually” monitoring maintenance schedules at oil refineries. The goal is to avoid situations where too many capacities are offline simultaneously and to ensure even distribution ...