Tereshkin: Reducing Russian Railways' tariffs for oil companies would stabilize fuel prices (RIA Novosti). Expert Sergey Tereshkin proposed a series of measures to stabilize fuel prices in Russia. He noted that it is necessary to reduce the costs for oil companies, including lowering Russian Railways' tariffs for transporting oil products. Tereshkin also suggested a partial reduction of excise taxes, which would save about 250 billion rubles per year. These steps could help alleviate pressure on retail ...

... events impact Europe and the U.S., and where should investors focus their attention? Read our full analysis! Key Economic Events for Friday, November 22, 2024 Central Bank Decisions Bank of Japan (05:00 GMT): The Bank of Japan is scheduled to announce its interest rate decision. Any adjustments could influence the yen and set the tone for Asian markets. Reserve Bank of India (09:30 GMT): The release of the latest meeting minutes will provide insights into the central bank's stance on inflation and ...

... corporations, particularly in the U.S. and Europe. Investors will closely watch technology and consumer sector reports, which could influence the S&P 500, NASDAQ, and other major indices. Impact on Russia: Strong results from technology and consumer companies may bolster global indices, positively impacting the Russian stock market and interest in Russian equities. Oil Prices: Oil markets will be in focus as G20 leaders meet. Any signals regarding global oil demand could affect prices, crucial for ...

... restrictions in external trade. Productivity, Inflation, and Corporate Profits The rapid rise in wages begs the question: is it matched by gains in efficiency? Current projections suggest labor productivity will grow much more slowly than wages. According ... ... Russia is outpacing productivity by nearly a factor of two. This gap poses risks for inflation and business performance: if companies have to pay employees significantly more without commensurate output gains, their costs rise and competitiveness can ...

... regulator delays lifting the ban, oil companies lose incentives to keep prices down. There’s little reason to forgo revenue if exports remain prohibited. Therefore, the Ministry of Energy and the Federal Antimonopoly Service will likely accommodate oil companies, believes Tereshkin. The main risk now is tied to rising diesel fuel (DT) prices, even though its peak demand season has ended. The primary factor driving up DT prices is high demand for winter grades, which are traditionally produced in smaller quantities than summer grades. While DT prices accelerated in October, the increase has not yet reached ...