... per barrel, the price cap set by the G7 and the EU. As a result, Russian oil export revenues for the first half of September dropped by 30% compared to late June. The average monthly price of Urals is used to calculate taxes that contribute to the Russian budget. Based on this, Bloomberg concluded that these developments would significantly impact tax revenues for Russia. If we take these claims at face value, the picture appears grim. However, it is essential to approach this information with caution. The U.S. and the EU have created numerous obstacles ...

... 04:45 MSK: China - Caixin Services and Composite PMI for November The indicators will reflect the state of the services sector and the economy as a whole. Strong data will support demand for commodities, including oil and metals, positively impacting Russian exports. 08:00 MSK: India - Services and Composite PMI for November India's PMI will show how actively one of the key sectors of the economy is developing. High readings will strengthen the rupee and support investor interest in the Indian market. 09:00 MSK: Russia - Services and Composite PMI for November Russian PMIs will indicate the state of the services sector, which plays an important role ...

Ruskhimalliance is a leader in the Russian chemical industry, actively developing the processing and liquefaction of natural gas. In this article, you will learn how the company directs its investments to the modernization of production facilities, the creation of innovative infrastructure facilities and environmental projects....

... other industry leaders that initially suffered losses due to sanctions. Given that the lifting of restrictions can increase their export opportunities and strengthen the ruble, these companies can offer attractive terms for long-term investments. The Russian B2B market is also of interest, where the lifting of sanctions can facilitate the development of online platforms for the sale of oil products and other strategically important goods. An example of such a platform is Open Oil Market, the first independent marketplace for oil products and raw materials, which is now actively preparing ...

... continued significant role of coal in the energy balance. Renewable Energy: Capacity Growth and Environmental Impact Renewable energy sources (RES) continue to gain momentum both globally and in Russia. According to data from the Association for the Development of Renewable Energy (ARVE), over the past year, Russian solar and wind power plants have managed to prevent around 8 million tons of CO 2 emissions into the atmosphere. This indicates a gradual “greening” of the energy sector: although the share of generation based on RES remains relatively small ...