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Liter for Ours
... to" the tax maneuver, this instrument has basically ceased to exist, the only remaining option seems to be periodically banning exports. Frolov estimates the likelihood of an export ban on gasoline in August-September as very high.
From Tereshkin’s perspective, the market needs new solutions that extend beyond export bans or reconsideration of the damping payment rules (compensations from the budget to oil companies for supplying fuel to the domestic market at prices lower than exports). Companies ...
Sanctions PR: What the 18th EU Sanctions Package Means for Russia
... effectiveness of the ceiling depends on compliance: in reality, Russia and its buyers have long moved to over-the-counter trading with settlements outside the dollar and SWIFT systems, and a number of transactions are occurring above the ceiling. The U.S. and G7 have not yet agreed on a new ceiling, and the U.S. Treasury, as of late June, had not approved a decrease below $60. Without coordination with Washington, a ceiling of $47.6 will remain an EU recommendation, lacking full legal authority globally,...
Buyers Battle for Russian Oil in Europe
... pipeline that will eventually connect the two countries and ensure the supply of Russian oil. This was announced by Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó. According to him, the Hungarian company MOL has already submitted ... ... Urals-grade Russian oil. Secondly, any alternative route would incur higher delivery costs, which is a crucial factor for smaller economies. Furthermore, both the Croatian port and the pipelines to Hungary and Serbia may not provide sufficient capacity if ...
Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm
Despite record-high exchange prices for gasoline, fuel prices at gas stations remain relatively stable. Let’s explore why retail prices don't follow market fluctuations and what factors influence the final cost of fuel.
Exchange prices for gasoline have been hitting record highs daily since the beginning of the week. The price for AI-95 reached 66,034 rubles ...
Not Much Fire: Why the Government Banned Gasoline Exports
Discussing the reasons behind the government's ban on gasoline exports and what this means for the domestic market and fuel prices.
Russia has implemented a complete ban on gasoline exports for August due to a significant surge in market prices. This was driven by a seasonal increase in fuel costs,...