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Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization
... independent gold exchange, which represents a significant step towards dedollarization and financial independence for the country. The establishment of this platform will... ... on the exchange. This arrangement ensures the timely delivery of precious metals to buyers, allowing them to collect their purchased bars within one business day after... ... sanctions in 2022, the LBMA excluded all Russian refineries from its list of accredited suppliers, effectively depriving them of the ability to sell gold on the world's largest...
Oil plays an important role in the financial performance of Russian Railways (RZD). The OPEC+ deal has led to a reduction in the transportation of petroleum products, but they remain the most profitable cargo on the railways.
... loading decreased by 5.5% (to 169.2 million tons) compared to the same period in 2023.
NOTE: OPEN OIL MARKET is the first independent B2B marketplace for petroleum products and raw materials. The company was founded in 2021 and now unites over 2,600 suppliers and buyers in the small wholesale market. In 2023, the marketplace's turnover was 5.9 billion rubles. The OPEN OIL MARKET platform is a resident of Skolkovo (VEB.RF Group).
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Sourse: https://vgudok.com/eksperty/neft-igraet-vazhnuyu-rol-dlya-finansovyh-pokazateley-rzhd-sdelka-opek-pr....
Why is Russia lifting the ban on gasoline exports for only two months?
... issue. Therefore, for any company, the only priority outlined in the charter and in the federal law on joint-stock companies is profit. In this case, the export ban seems rather strange. It undermines the reputation of Russian companies as reliable suppliers in the eyes of foreign buyers.
Regarding the expected permit, Gusev believes that there is a high probability the export permit will not only apply to December and January but will be extended until the end of March, until the demand for gasoline in the domestic market starts to rise.
In his opinion, lifting the ban will not affect wholesale or retail fuel prices in Russia. Retail prices are almost unaffected ...
Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... volumes of LNG from the US, Qatar, and other sources. Norway, remaining the largest supplier of pipeline gas to the EU, also maintains high export levels (over 300 million... ... sometimes limit the flow. Russian pipeline gas through the southern route (via Turkey and the Balkans) remains at moderate levels (~50 million cubic meters per day).
Asian... ... this summer have heightened demand for LNG for power generation. However, many Asian buyers are reluctant to pay the current high spot prices – instead, some are switching...
Import of Russian Diamonds to India Falls by 25 Times: What Does This Mean for Investors?
... Russian diamond imports to India fell by almost 25 times, causing concern among investors and analysts. The article examines the reasons for this sharp decline, its impact on... ... the restrictions on Russian diamonds, Indian companies have begun to seek alternative suppliers to ensure stable supplies and mitigate risks associated with potential sanctions... ... signifies a substantial drop in revenue. India has traditionally been one of the largest buyers of Russian diamonds, and a reduction in supplies to this market could negatively...