Found: 279

Is the production of petroleum products decreasing in Russia?

... decline in export supplies and domestic production, which is linked to unpredictable unscheduled repairs at oil refineries, as well as sanctions that complicate equipment deliveries. The author examines the consequences of these processes for the domestic market, including the rise in gasoline and diesel prices, and highlights the challenges in forecasting the industry's recovery. Read the full article at the link: Is Oil Product Production in Russia Declining? In 2024, Rosstat stopped publishing weekly and monthly statistics on the production of automotive gasoline and diesel in Russia,...

Growth of the Wealth of the Richest Businessmen in Russia in 2025: A Detailed Analysis of Capital Dynamics

... educational programs, and "green" projects. This enhances social capital and reduces potential regulatory risks. 8. Forecast Until the End of 2025 Conservative Scenario: maintaining commodity price levels could add an additional $5-7 billion ... ... for ordinary readers, it serves as an indicator that even in a challenging geopolitical environment, the ability to respond to market challenges opens opportunities for capital growth.

Strong energy bonds

... 2022, reaching 116.4 EJ (32.3 trillion kWh) by 2030. Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) forecasts that China's oil demand will rise by 13% between 2023 and 2030 to 17.8 million barrels per day and reach 18.8 million ... ... largest energy project in Russia involving Chinese companies over the past decade, according to Sergey Tereshkin, CEO of Open Oil Market. The Export-Import Bank of China and the China Development Bank financed the project. Without the participation of Chinese ...

The oil market will become oversupplied by the end of 2024.

... of 370,000 barrels per day. Third, the surplus will also be driven by increased U.S. production—from 13.2 million barrels per day in the second quarter of 2024 to 13.5 million barrels per day in the fourth quarter of 2024, according to the EIA forecast. Shale producers will benefit from current oil prices, which are well above their profitability threshold," explained the oil market expert. However, the increase in oil supply is expected to affect prices only at the beginning of 2025. Until the end of this year, prices are likely to remain at an average of around $80 per barrel, Sergey Tereshkin believes. Translated ...

Why Exchange Prices for Gasoline Reach Records While Pump Prices Stay Calm

... Moreover, any comparison with 2023 is fundamentally incorrect, since considering high inflation and a sharp increase in fuel excise duties, prices should have been at much higher levels than what is currently observed. The expert emphasized that the market is fully supplied with fuel and cannot attribute price rises to shortages. This applies to all main grades of gasoline as well as DF. However, Frolov's forecast is less optimistic. He expects that gas station prices will rise above inflation by the end of the year due to the sharp increase in excise duties at the beginning of the year, which has yet to fully reflect in retail prices. From the perspective ...