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Economic News: Sunday, August 24, 2025 — Fed Signals Rate Cut, German Economy Resumes Downturn, Alibaba Report
... market participants are redirecting capital into corporate securities. Additional positivity for the Russian market comes from persistently high energy prices: Brent crude is trading above $85 per barrel, supporting the income of the Russian oil and gas sector. The ruble slightly strengthened by the end of the week amid increased export revenues, stabilizing in the range of 88-90 rubles per US dollar. However, experts warn that further active cuts in the Central Bank's rate could create new pressure on the ruble's exchange rate, therefore balancing economic stimulus with financial ...
Bessent: Europe Purchases Processed Russian Oil from India
... redistributing trade flows. For investors, this is not merely a political issue but a factor influencing diesel, gasoline, and vacuum gas oil pricing, which subsequently affects refining margins, logistics, and premiums/discounts to the Brent and Dubai benchmarks.... ... blends for Indian refineries.
Refining:
Deep processing and blending change the commodity code and product characteristics.
Export:
Finished petroleum products (diesel, jet fuel, gasoline) are dispatched to Europe through market tenders.
The economic ...
Growth of the Wealth of the Richest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics
...
Alisher Usmanov
– wealth increased by
+$3 billion
to $16 billion, driven by stable demand for steel and projects in the IT sector.
Viktor Vekselberg
– growth of
+$3 billion
, for a total of $10.3 billion; supported by rising aluminum prices and export supplies.
Suleiman Kerimov
– added
+$2.6 billion
, bringing wealth to $9.6 billion; a key factor was the revaluation of gold mining assets.
4. Resource Giants: Oil & Gas and Mining
Classic resource sectors continued to generate superprofits for their owners:
Vladimir Potanin
–
+$2.5 billion
, totaling $30.4 billion; a positive trend was aided by a nickel shortage in the global market.
Alexey Mordashov
–
+$2 ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... and raising exchange sale quotas, which would reduce prices on the exchange and make gasoline more accessible for independent gas stations. "However, these measures will only work if sanctions on equipment supplies to refineries are lifted. Otherwise,... ... 11 to 59,480 rubles per ton, while AI-95 dropped by 2.15% to 67,808 rubles per ton (the lowest since July, when a temporary export ban was still in place). In August, AI-95 prices peaked at 74,818 rubles per ton. The historical record for AI-95 was set ...
An expert outlined the consequences of the recovery of the car market in Russia.
... gasoline and diesel fuel. Tereshkin also notes that it will take about six months to fully restore pre-crisis sales levels of new cars. Additionally, the article examines the impact of government measures, such as extending the permission for gasoline exports, on the fuel market situation.
MOSCOW, July 4 - PRIME. The rise in fuel prices at Russian gas stations is attributed to the recovery of the automotive market in the country, as well as seasonal demand growth, according to Sergey Tereshkin, CEO of the petroleum products marketplace "Open Oil Market" (a Skolkovo resident).
According ...