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The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.

... for diesel could still occur even if winter diesel were included in the subsidy parameters. The subsidy only takes into account exchange trading, where only 16% of the diesel produced is sold; the remaining 84% is sold in small wholesale, where oil companies can raise prices without fearing the loss of subsidies. However, Gusev believes that the subsidy is doing its job of stabilizing the overall fuel market situation. Some subsidy parameters and fuel market rules may need to be adjusted in response to changing market conditions. It might make sense to separate subsidy payments for different gasoline grades and ...

Banks.ru: "Oil Resource Group" and "Sber" have launched an installment payment service on the raw materials marketplace "ORG-Market."

"ORG-Market," in partnership with Sber, is launching the service "Business Purchase in Installments," which will allow companies to purchase petroleum products and petrochemicals under favorable conditions. Now, users of the marketplace can get up to 3 million rubles in installments with a 30-day grace period and a 1.5% monthly interest rate. The service is available ...

Cryptocurrency Market Capitalization Surpasses $2 Trillion

... around this level on Monday, April 5. MicroStrategy now holds 91,579 BTC; the total cost of these coins was $2.226 billion, with an average cost of BTC at $24,311 (the company began investing in cryptocurrency last summer when Bitcoin had not yet entered its bullish rally). This was reported by the company's CEO, Michael Saylor. Over the week, the first cryptocurrency has increased by 6%. However, it was altcoins, rather than digital gold, that drove the market capitalization growth. Ethereum saw a jump ...

European Economy Losing Competitiveness: Causes and Consequences

... costs are limiting the growth potential of the EU economy. What Investors and Traders Should Pay Attention To Asset revaluation. Companies reliant on high energy costs may face further declines in profitability. Investments in alternative regions. Asian and ... ... new opportunities for profitable capital deployment. If you want to learn more about the situation in the European economy and its impact on global markets, subscribe to updates from our website. The Eurozone economy faces serious challenges: IMF forecast ...

Sergey Tereshkin: Adjusting the damper may lead to an increase in exchange fuel prices.

... (DF). Exceeding the maximum established price for one type of fuel will not affect payments for the other type. The damping mechanism compensates part of the difference between the indicative fuel price set by the government and its export price. It is paid from the budget to oil companies for wholesale fuel supplies to the domestic market with a deviation from the indicative price (on average for the month) of no more than 10% for gasoline and no more than 20% for DF. Currently, if either of these values is exceeded, the damping ...