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The budget is in the black. What ensured the increase in oil and gas revenues?
... Russia's oil and gas revenues. He highlights that rising oil prices and the weakening of the ruble have led to a significant boost in federal budget inflows. Tereshkin also examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification and the development of domestic resources to ensure sustainable ... ... will remain near their current levels.
Another factor contributing to revenue growth could be changes in the calculation rules for the damping mechanism. The impact of this measure depends on the timeline for passing the Ministry of Finance's draft ...
Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)
... fuel demand and the recovery of the automotive market. According to Avtostat, sales of new passenger cars in Russia rose by 79% in the first half of 2024 compared to the same... ... prices due to the risk of losing compensation subsidies. The so-called "10-20 rule," enshrined in the Tax Code, deprives oil companies of subsidies if the average... ... quotas would improve fuel availability for independent gas stations outside VIOCs, boosting retail competition. Large companies’ gas stations would find it harder to...
Gas Prices in Moscow Reach Record Highs: Reasons for Increase and Prospects for the Fuel Market
... current situation is twofold. On one hand, high retail and wholesale gasoline prices boost revenue in the short term. On the other hand, export restrictions and decreased... ...
However, in the medium term, the possibility of further increases cannot be entirely ruled out. If global oil prices continue to rise or the ruble weakens, this will again... ... continue to "keep its finger on the pulse" of the fuel market: if necessary, new agreements with oil companies on price freezes, extensions of restrictions on the...