Energy sector news from August 18, 2025: Focus on oil, gas, and electricity. Today, global oil and petroleum product prices are under pressure due to changes in energy policies of major ... ... companies is being provided (budget subsidies and reverse excise – "dampener"), to reimburse some of the lost export revenues and encourage the redirection of sufficient volumes of gasoline and diesel onto the domestic market. The totality of ...

Starting from January 1, 2025, Russia plans to increase excise taxes on gasoline and diesel fuel by 4.7%, which corresponds to the forecasted inflation rate. The excise ... ... about 20% of fuel costs, so the 4% increase will lead to a price rise of about 1% at gas stations. Sergey Tereshkin, CEO of the fuel and raw materials marketplace OPEN OIL MARKET, emphasizes that excise taxes are a significant source of income for regional... ... taxes to stabilize retail fuel prices, the Ministry of Finance responds that excise tax revenues are used to build new roads and maintain old ones, Gusev says. Sergey Tereshkin...

Tomorrow brings critical decisions from the central banks of Turkey and South Africa, shaping emerging market currencies and global t... ....S. and global exports, particularly in consumer goods. Natural Gas Inventories (U.S., 6:30 PM MSK): Changes in U.S. gas inventories ... ... the winter season. Corporate Reports Baidu Inc (BIDU): Expected revenue decline of 0.7%. This may influence investor sentiment ... ... energy prices and security. Investor Recommendations Commodities: Oil and Gas: Monitor central bank decisions in Turkey and South ...

Tereshkin: Gasification and increased supplies to the EU led to an increase in gas production in Russia (Izvestia). The expert explained that this is related to the ... ... driven the growth of natural gas production in Russia, said Sergey Tereshkin, CEO of the oil products and raw materials marketplace OPEN OIL MARKET, in an interview with Izvestia... ... expert noted that the increase in exports was one of the reasons for the rise in budget revenues from the gas industry: total collections from the mineral extraction tax and...

Economist Tereshkin: Oil and gas revenues reduce risks of falling oil prices. An article analyzing the consequences of falling global oil prices for the Russian economy has been published on Sergey Tereshkin's website. The material provides a detailed examination of key aspects related ...