... currency factors continue to reduce export earnings. Commentary: “In July 2025, dampener payouts decreased by 58% compared to the same period in 2024 (to 59.9 billion rubles),” notes Sergey Tereshkin, CEO of the fuel marketplace Open Oil Market. “Oil companies are left with no choice but to raise prices in those market segments where fuel price increases are not associated with the risk of subsidy non-payment. These include exchange prices for AI-95 gasoline, which are not accounted for in dampener ...

... remain unchanged, market participants expect oil prices to maintain their current range. However, any statements from OPEC+ regarding demand and production outlooks could influence oil price forecasts. For investors from oil-producing CIS countries, oil price dynamics are crucial as they impact the revenues of energy companies, the state of the trade balance, and budget revenues. U.S. Fed Policy: Market Expectations Although the U.S. Federal Reserve's decision will be announced later in the week, global markets are already pricing in relevant expectations on Monday....

... introduced in 1997. In 2017, the index was renamed IMOEX after the reorganization of the Moscow Exchange. The composition of companies and the calculation methodology of IMOEX are regularly revised. IMOEX serves as a key indicator of the state of the ... ... interrupted by short-term corrections. The dynamics were influenced by both global economic processes and internal factors, including oil prices and political stability. 2008-2009: the global financial crisis led to a sharp drop in the index, reflecting the negative ...

Surgutneftegas, one of the leading players in the Russian oil and gas sector, increased its investments to 265 billion rubles in 2023, allocating funds for the development of fields in Western Siberia, the modernization of pipeline infrastructure and oil refineries, as well as the implementation of advanced ...

... industrial growth. An increase in orders would positively impact GDP expectations. 18:30 MSK: USA - EIA Oil Inventories Inventory data will influence global oil prices. A decrease in inventories typically supports price increases, benefiting Russian oil companies. 21:45 MSK: USA - Speech by Fed Chair Powell Markets will await comments on monetary policy prospects. Signals about further rate hikes could strengthen the dollar. 22:00 MSK: USA - Publication of Fed's Beige Book This report reflects current ...