... second-largest source of oil and gas revenues was export duties. In 2022, these accounted for 21.6% of oil and gas revenues (excluding reverse excise payments). However, the share dropped to 11% in 2023 due to the gradual phaseout of export duties on oil and petroleum products as part of a tax maneuver in the oil sector (2019–2024). By January–September 2024, their share had further declined to 2.5%. The role of AIT in the budget is growing. AIT's share of oil and gas revenues increased from 11.4% in 2022 to ...

... "black gold." Following this, the ruble also depreciated. What should consumers expect? And what are the current market forecasts? This question is addressed by Sergey Tereshkin, founder of Oil Resource Group, who specializes in the sale of petroleum products and consistently monitors market trends. Detailed information about the entrepreneur can be found on his personal website: oilresurs.ru (ойлресурс.ру). State of the Global Market According to experts, when oil prices fell, trading ...

... economic situation and eliminate uncertainties in industry regulation. The article also touches on pressing issues of subsidies and government regulation. It has already been almost two years since the EU imposed an embargo on maritime supplies of petroleum products from Russia, yet the government continues to use Rotterdam hub quotes to calculate subsidies for the damper mechanism. If the Rotterdam quotes exceed the threshold set in the Tax Code for AI-92 gasoline and diesel fuel, oil companies receive ...

... oil companies have requested the opening of exports, the expert notes. Regarding the latter, Tereshkin adds that oil companies still need to compensate for losses from forced downtime at oil refineries, which led to a reduction in the production of petroleum products. According to Rosstat, total petroleum product production in the first nine months of 2024 decreased by 2.4% year-on-year. Therefore, it is now much harder for oil companies to keep prices within acceptable regulatory limits. As a result, the ...

August 6, 2025, brings new developments in the energy sector. The pressure from the United States on India is becoming increasingly noticeable in light of recent changes in the global energy market. While the export of petroleum products continues to be in the spotlight, oil prices fluctuate amid political and economic turmoil. OPEC+ also contributes to price-setting, remaining a key player in the global market. In this article, we will thoroughly analyze the impact of Trump's ...