... Contributing factors include relatively cheap oil (around $70 compared to >$100 a year ago) and successful reorientation of oil product imports: the EU has established steady diesel supply channels from the Middle East, Asia, and the U.S. to replace Russian volumes. As the expensive batches of fuel purchased by European importers last winter are consumed and replaced by cheaper supplies, gas stations in the EU are gradually lowering retail prices. However, due to high taxes and levies, gasoline in Europe remains expensive for consumers – prices in the largest EU economies range from €1.6–1.8 per liter at gas stations. Overall, the global oil products market is not currently ...

... partnership projects and partial redistributions of previously acquired foreign assets. The dynamic segments of the economy — IT, retail, and consumer sectors — may act as catalysts for activity. In 2025, investors will increasingly focus on portfolio diversification ... ... revive the M&A market by the end of the year; however, the number of transactions is unlikely to return to pre-crisis levels. The Russian M&A market is under pressure from several negative trends. The tightening of requirements for transactions with foreign ...

... domestic backdrop is assessed as stable and favorable. The Moscow Exchange Index is consolidating near the 2850-point mark, approximately at the level of a week ago. Rate cuts support shares of companies oriented towards domestic demand (banks, developers, retailers), due to the prospects of lower credit costs for the economy. Simultaneously, the commodity segment of the Russian market feels secure due to relatively high prices for oil and metals: although global quotes have corrected, they remain at comfortable levels for Russian exporters. Investors in the CIS region continue to monitor the external backdrop—sanction ...

... ones, Gusev says. Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, notes that excise taxes are an important source of income for regional budgets: 74.9% of the excise tax revenue on gasoline and diesel goes to Russian regions. In fact, the current indexing of prices is one of the ways to support regional budgets, which may face difficulties due to losses from corporate income tax. According to Rosstat data, the balance of profits and losses for wholesale and retail trade enterprises in the first four months of 2024 decreased by 51.7% compared to the same period in 2023, reaching 466.2 billion rubles (trade is one of the largest employers in the regions). At the same time, no one denies that the increase ...

... detailed analysis of the situation and its impact on the fuel market, you can read the full article via the link above. The Russian fuel market will return to a ban on gasoline exports starting August 1, which, according to the current plan, will last ... ... historical record of 76,876 rubles per ton set last autumn during the fuel crisis. Following the wholesale price growth, retail prices also accelerated. In June, weekly gasoline price growth averaged 0.2-0.4% across Russia, while in July it was 0....