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The government has extended the ban on gasoline exports until the end of the year.
... association, to RBC. "Therefore, the fact that prices are not rising further can already be called a victory. Accordingly, when September and October come, we will see a fairly active reduction in wholesale prices, as consumption will drop. And most importantly, gas stations will not increase their losses from retail fuel sales," the expert believes.
AI-95 gasoline is not accounted for in the calculations of the damping mechanism, which makes it difficult for the government to "manage" ...
Oil Market Outlook: Projections and Insights from the IEA Report for Investors
... reliant on higher oil prices may face profitability challenges. This calls for caution in investment decisions, especially for those considering long-term positions in traditional oil stocks. European markets may see increased pressure due to higher import reliance, while American companies could face price-driven competition from other global suppliers.
Diversification of Portfolios
Given the expected surplus and potential downward price pressure, investors are advised to consider diversifying their ...
Buyers Battle for Russian Oil in Europe
... challenging task given the slowdown in oil demand and the emergence of new major suppliers, including from South America (Brazil, Guyana, Argentina),” states Sergey Tereshkin, General Director of Open Oil Market.
According to his data, Serbia's total oil import in 2023 reached 3.5 million tons, while in 2024 it is expected to be 2.6 million tons. Key suppliers of oil to Serbia have become Iraq, Kazakhstan, and Azerbaijan.
Source:
Vzglyad
The Fate of the Dollar and the Prospects for BRICS Currency: What's Behind Putin's Statements?
... economic factors.”
Vladimir Putin’s statements underscore the existing risks and challenges facing the global currency system and demonstrate the need for creating a more resilient and independent financial infrastructure. The dollar still occupies an important place in the world economy; however, U.S. actions are gradually pushing countries toward seeking alternatives. The prospect of developing a BRICS currency remains a relevant topic in international economics, and while its implementation may ...
Sberbank in Space: What Possible Collaboration with Roscosmos Means for Investors
.... In this article, we will explore why Sberbank is interested in the space industry, the possible implications of this step, and what investors should consider.
Why is Sberbank Interested in the Space Market?
The space industry has gained tremendous importance in recent years, not only for national security but also for economic growth and technological advancement. In a world driven by high technology, space has become a new arena for business, with major companies such as SpaceX and Blue Origin ...