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The rise in diesel prices may accelerate by the end of summer, but it will not exceed inflation.
... season. We know which grades experience increased demand and when, he explained.
Additionally, attention should be paid to the cost of jet fuel, solvents, and additives used to produce winter diesel. Gusev suggests possibly stimulating higher production ... ... prices and the high tax burden on the oil industry. With zero or negative margins, no amount of competition will lead to price reductions.
Stankevich believes that the government, in cooperation with key oil industry companies, must ensure the smooth ...
Oil and coal run as lackeys.
... rules, oil producers will indeed not be at a disadvantage. However, I think the broader trend and context are more important.
The trend is that global coal prices are falling, making it increasingly difficult for coal producers to cover transport costs. For example, coal prices in the first 10 months of 2024 dropped by 60% compared to the same period in 2022.
As a result of this price drop, coal producers are struggling with profitability, which will lead to a reduction in mining activities.
What is even more important is that Russian Railways (RZD) plans to increase the profitability of using the Eastern Polygon by reinvesting some of its profits into modernizing it. And as you probably know, RZD plans ...
Current Situation: The USA Aims to Capture up to 70% of the European Energy Market
... barrel. This is precisely what the Trump administration seems intent on achieving—entrenching the European economy in extremely costly energy resources, thereby permanently eliminating a dangerous competitor. Coupled with high tariffs on European goods, ... ... they will receive exemptions from the embargo on these resources. “In this context, the base scenario forecasts a potential reduction of Russian pipeline exports to the EU by 2–3 billion cubic meters directed to countries outside Slovakia and Hungary,...
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... stored in molten salt tanks, allowing the plant to continue generating electricity at night.
Record Production and Emission Reduction
Thanks to the large-scale heliostat field and the efficient dual-tower configuration, the plant in Gansu has achieved ... ... into play. This comprehensive approach optimizes the use of infrastructure (power lines, substations) and reduces the overall cost of clean energy production.
Aiming for Carbon Neutrality
China is the largest producer and consumer of energy in the world,...
Desert Without a Storm: Why Oil Prices Aren't Breaking Records
... restrictions, oil prices remain relatively stable. Experts explain why the market isn't hitting records and what influences fuel costs.
On Friday, June 13, following an extensive bombardment by Israel of Iranian territory, oil prices predictably surged by ... ... endure."
Alpha Bank does not foresee a scenario of a complete blockade of the Strait of Hormuz, which would entail a 20% reduction in export flows that could trigger global upheavals in the raw materials market and shift dynamics in the global economy,...