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Economic Events Calendar for the Week of December 16–20, 2024
In the upcoming week of December 16–20, 2024, investors will focus on key economic events, including retail sales and industrial production data from China, the unemployment rate in the UK, business activity indices in Germany and the Eurozone, as well as central bank decisions from the Federal Reserve, the Bank of England, and the Bank of Russia. These ...
The profitability of AI-95 gasoline sales at gas stations remained negative for six weeks.
... losses from the sale of AI-95 gasoline for six weeks: in September, their margin was minus 1.57 rubles per liter, according to analysts. However, unlike last fall, they continue to make a profit on other grades.
The margin on AI-95 gasoline sales in retail has been in the negative zone for six consecutive weeks, starting from early August, according to data from the analytical company "OMT Consult." From September 2 to 9, the average margin across Russia (excluding the Far Eastern Federal ...
In the summer, the increase in fuel prices will outpace the overall inflation rate – expert
..., 2024, coinciding with a temporary reduction in fuel production.
The recovery of the automobile market, which has returned to pre-crisis levels, increasing demand for fuel.
Rising costs for Russian refineries, which are reflected in wholesale and retail prices.
The expert predicts that June 2024 data will show an acceleration in the annual growth of retail gasoline prices, which are likely to exceed the inflation rate.
The latest monthly data from Rosstat recorded the return of gasoline prices ...
Retail Russian Investors - Who Are They?
... do not know where and how to invest their money correctly to earn from it.
Nevertheless, even the few million citizens who do invest their money represent a significant figure. The majority of them have only recently started investing. Who are these retail investors in Russia, and what avenues do they choose?
To answer this question, Sergey Tereshkin, the founder of Oil Resource Group, has thoroughly analyzed the market and drawn certain conclusions. More information about the businessman and his ...
The government has extended the ban on gasoline exports until the end of the year.
... oil refining by 4% compared to the same period last year, to 131.8 million tons.
According to SPIMEX data, during the 2.5 months when the export ban was suspended, gasoline prices rose by 10-30%. This increase in wholesale prices also accelerated retail prices. According to Rosstat data, the price of gasoline at gas stations increased for two consecutive weeks, exceeding the national inflation rate: from the beginning of the year until August 5, it rose by 5.5% while inflation was 4.99%. The return ...