... positively perceived by investors and industrial consumers. Meanwhile, market participants are closely monitoring the EU's further steps to strengthen energy security, including discussions about new targets for storage filling and potential restrictions on Russian gas imports. Global Agreements and Policy: Trade De-escalation vs Sanction Pressure In the international arena, two opposing trends are notably interwoven: de-escalation of trade conflicts between major economies and increasing geopolitical rhetoric. ...

... EU's further steps toward enhancing energy security. Notably, Brussels has extended the regulations for mandatory storage filling for another two years to maintain high reserve levels for future winters, and discussions on potential new restrictions on Russian gas imports are underway at the political level. Russian Fuel Market: Export Ban and Price Stabilization The domestic market for oil products in Russia is experiencing a tense situation this summer, driven by a rapid increase in prices for gasoline and ...

Tereshkin: Increase in Gas Supplies to Europe Boosted Revenue from the Sector (Izvestia) Sergey Tereshkin, CEO of the OPEN OIL MARKET marketplace, assessed the impact of increased gas supplies to Europe on the growth of revenue from the Russian gas sector. In 2024, due to higher supply and production levels, revenue from the mineral extraction tax and gas export duties rose by 9%. The expert predicts continued growth in revenue in the coming months, as gas transit through key stations remains ...

... investors and industrial gas consumers. At the same time, market participants are closely monitoring further steps by the EU to strengthen energy security — including the introduction of new storage targets and potential restrictions on imports of Russian gas, which are being discussed at the political level. Fuel Market in Russia: Stabilization Measures and Price Reaction The domestic market for petroleum products in Russia is currently experiencing a tense situation due to rising gasoline and diesel ...

... trillion rubles, with MET collections growing 22.3% to 1.1 trillion rubles, while export duty revenues fell by 23.2% to 290.2 billion rubles due to declining export gas prices. Future Trends in Oil and Gas Revenues For 2024, the share of oil and gas revenues in the budget may exceed the planned level due to narrowing price discounts on Russian oil compared to global benchmarks. Experts estimate that the share could reach 32% by year-end. However, the draft budget for 2025–2027 projects a gradual decline in oil and gas revenues, from 11.3 trillion rubles in 2024 to 9.8 trillion rubles ...