... Vladimir Chernov highlights that oil and gas revenues still exceed the Finance Ministry’s baseline projections, and the weaker ruble partly offsets export losses. Energy expert Kirill Rodionov believes Russia’s 2024 budget remains on track, with Brent oil prices likely to range between $70–75 per barrel in the coming months. The primary risks will emerge in 2025–2027, as OPEC+ countries, including Russia, may need to increase production sharply, causing nominal and real price declines. ...

... MET, AIT depends not on the volume of raw materials extracted but on the revenue from their sale, minus extraction and transportation costs. In practice, however, the revenue used to calculate AIT liabilities is determined based on a fixed discount to Brent prices in global markets. This provides the Ministry of Finance with relatively predictable budget revenues while offering oil companies a more flexible taxation system than MET. Notably, the share of AIT in taxable oil production reached 52%, as ...

... пожары в Канаде ограничивают поставки тяжёлой нефти, но рост коммерческих запасов бензина и дизеля в США давит на котировки. К утру 5 июня Brent колеблется в диапазоне 74–75 $/барр., а WTI — 70–71 $/барр. • Для нефтяных компаний актуален балансирующий фактор: ценовое давление со стороны ...

... potentially reducing the returns on investments in oil-related assets. Market Response Following the report's release, oil prices showed a slight uptick; however, the long-term outlook depends on demand dynamics and further inventory accumulation. Currently, Brent was trading at $75.66 per barrel, while WTI stood at $72.37 per barrel. If supply remains high, it will put downward pressure on oil prices, which is advantageous for procurement but may limit profitability for investors. Reasons for Oil Inventory ...

... production. Consequently, the amount of fuel in the market will rise. This increase will lead to an oversupply, and as a result, further price declines. Until recently, experts believed that the chances of a significant price drop were low. The price of Brent crude oil would hardly fall below $65 per barrel—unless speculators or other large players interfered again. However, the situation with Urals crude oil is much worse. A large batch of fuel was found to be contaminated with chlorine, used to reduce ...