.... 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.... ... the rise in fuel prices. In 2019, when the "big" tax maneuver in the oil industry began (the elimination of export duties on oil and oil products and the increase in the mineral extraction tax), the excise tax on fifth-class automotive gasoline ...

... examines the impact of international sanctions and the adaptation of the Russian economy to new conditions, emphasizing the importance of diversification and the development of domestic resources to ensure sustainable economic growth. "Subsidies" ... ... production taxes. Collections from the Mineral Extraction Tax (MET) on oil exceeded the combined revenues from MET on oil and export duties by 73%, amounting to an additional 2.54 trillion rubles. This year marked the completion of the tax maneuver, under ...

... second-largest market for Russian oil — India . President Donald Trump stated his intention to significantly raise customs duties on Indian goods, citing ongoing purchases of Russian oil by New Delhi. Previously, the U.S. introduced a baseline tariff ... ... 25%, which could be raised further within a day (by August 6). Trump expressed extreme dissatisfaction that India continues to import energy resources from Russia and even benefits by reselling them. Furthermore, Washington has not ruled out the possibility ...

... multi-week highs. The North Sea Brent blend is trading around recent peaks (~$72–73 per barrel, above the psychologically important mark of $72). U.S. WTI is holding steady around $69–70 per barrel. Several factors are contributing to the price increases: ... ... Washington and Brussels have reached a framework agreement that has avoided a new tariff war: agreements have been made to reduce duties and increase U.S. energy exports to Europe, bolstering investor confidence and heightening expectations for increased demand ...

... there are discussions on reallocating the tax burden on the oil sector: for instance, excessively rapid increases in fuel excise duties could be slowed to avoid adding to retail price increases. Manual Regulation and Monitoring. Since 2018, Russia has effectively ... ... generation, affecting electricity tariffs, which indirectly touches the economics of fuel (for example, the electricity cost is important for electric vehicles and oil refining). Coal. The global coal market experiences contradictory trends: on one side,...