... resilience. The Future of the Dollar and the Prospect of a BRICS Currency: Insights from Putin’s Statements In recent statements, Russian President Vladimir Putin shared significant insights regarding the future of the U.S. dollar and the potential for a BRICS ... ....S. can directly impact other countries, there’s a need to explore alternative financial tools. For industries like oil and gas, diversifying currency risks can be a strategic advantage. At Open Oil Market, we’re closely monitoring these developments,...

... discussion. The Fate of the Dollar and the Prospects of the BRICS Currency: What Lies Behind Putin's Statements? Recently, Russian President Vladimir Putin made several noteworthy statements regarding the future of the dollar and the currency of the ... ... other nations, the necessity to seek alternative financial tools emerges. For businesses, especially in sectors like oil and gas, diversification of currency risks can serve as a strategic advantage. At Open Oil Market, we are focusing on developing such ...

... by 36% since the start of the year. According to the latest published data from Rosstat, as of July 21, AI-92 gasoline at gas stations averaged 57.66 rubles per liter, up by 1.1% since the beginning of the month and by 4.5% since the end of last year.... ... supplier of oil products for St. Petersburg, as well as the Leningrad, Novgorod, and Pskov regions. Manual Control Last year, the Russian government also fought against rising prices. Beginning March 1, an export ban was implemented, which was then lifted ...

... the trading process more transparent and beneficial for all participants. Sergey Tereshkin, CEO of Oil Resource Group The Russian commodities market is considered conservative. However, even here, it is understood that development and competition are ... ... manager? We collaborate with companies that consume large volumes of fuel, making it unprofitable for them to purchase at retail gas stations at regular prices. It is more convenient for them to order large batches at wholesale prices with delivery. Some ...

... detailed analysis of the situation and its impact on the fuel market, you can read the full article via the link above. The Russian fuel market will return to a ban on gasoline exports starting August 1, which, according to the current plan, will last ... ... production volumes, respectively. "Increasing the exchange norms will significantly increase fuel availability for independent gas stations, which will help curb retail price growth," he says. Impact of Manual Management on the Market The downside ...